On December 13, news reported by CNBC states that on Thursday, the Texas House of Representatives introduced legislation to establish a Bitcoin strategic reserve, which could serve as a testing ground for the U.S. Treasury. Republican Representative Giovanni Capriglione announced at the X Spaces event on Thursday that the bill proposes to allow the state to create a strategic Bitcoin reserve by accepting taxes, fees, and donations in the form of Bitcoin, with a holding period of at least five years. The nonprofit Bitcoin advocacy organization Satoshi Action Fund, which collaborated with Capriglione in drafting the bill, stated that the Texas measure aims to provide a way to enhance the state's fiscal stability and establish it as a leader in Bitcoin innovation. It is reported that Texas is the second-largest economy in the U.S., the eighth-largest economy in the world, and has the highest concentration of Bitcoin miners in the country. Therefore, once the bill is passed, it can be seen as the formal initiation of the U.S. Bitcoin reserve strategy to some extent. To date, including Texas, Pennsylvania, and Alabama, there are three states in the U.S. that have proposed legislation to begin establishing Bitcoin strategic reserves. $BTC