Finance News – Texas
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Bitmain plans to open US production facility by end of Q3 amid policy shifts: Bloomberg
Bitmain aims to establish a manufacturing site in the United States by late September, potentially enhancing its market presence and adapting to evolving regulatory environments in...
Read Full Article →‘Every family here is sick,‘ say neighbors of Bitcoin mining facility in Texas
The ongoing operation of the Bitcoin mining facility in Granbury, Texas, has raised concerns about potential impacts on local property values and household expenses due to continuo...
Read Full Article →MP Materials’ stock heads for a new high. What’s behind Apple’s new rare-earths deal.
Apple’s $500 million investment in rare-earth magnets from a Texas facility supported by MP Materials highlights a strategic partnership that could impact supply chains and market...
Read Full Article →Bitcoin miner production falls in June on power curtailment, weather
During June, Bitcoin mining companies reduced their output in response to power limitations and weather conditions, aiming to manage expenses related to high electricity demand in...
Read Full Article →Texas makes gold, silver legal tender following governor’s approval
Starting in May 2027, residents of Texas will be able to conduct everyday purchases using gold and silver, offering an alternative form of payment alongside traditional currency.
Read Full Article →Texas Ready for $10M Bitcoin Purchase After Governor Signs Bill for State Reserve
Texas is positioning itself to become the first U.S. state to allocate a substantial amount of public funds toward acquiring cryptocurrency for its official financial reserves.
Read Full Article →Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund
The recent legislation permits Texas to allocate a portion of its treasury assets toward cryptocurrency purchases, potentially impacting the state’s financial portfolio and exposin...
Read Full Article →Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers
Texas has authorized the use of public funds to acquire and maintain cryptocurrency assets within its state reserves, marking an early move ahead of any similar federal initiatives...
Read Full Article →Texas Joins Growing List of US States With Bitcoin Reserves
Texas' recent approval of cryptocurrency acquisitions marks its entry into a select group of states utilizing digital assets to potentially enhance their financial portfolios and d...
Read Full Article →Texas governor signs bill adding Bitcoin to official reserves
Texas has allocated public funds to include Bitcoin in its financial portfolio, marking a pioneering move among US states to recognize the cryptocurrency as a durable investment co...
Read Full Article →Riot Platforms Boosts Bitcoin Output to 514 BTC as Hashrate and Expansion Plans Ramp Higher
Riot Platforms increased its Bitcoin production to 514 BTC while simultaneously enhancing its processing power and progressing with large-scale data center developments in Texas ai...
Read Full Article →Chevron will lay off 800 workers in Texas
Chevron’s decision to reduce its workforce by around 800 employees in Texas could impact the company’s operational costs and influence its financial performance moving forward.
Read Full Article →Texas Moves Closer to Setting Up Strategic Bitcoin Reserve as Bill Passes House
The recent legislative approval advances efforts to create a state-managed digital asset fund, potentially impacting Texas's investment portfolio and financial strategy through tar...
Read Full Article →Texas House lawmakers pass Bitcoin reserve bill with new amendments, Senate to vote again
The recent legislative approval in Texas could influence state-level investment strategies by creating a framework for holding digital assets as part of official financial reserves...
Read Full Article →World’s 8th largest economy close to adopting Bitcoin reserve as Texas heads to final vote
Texas moves toward establishing a government-backed Bitcoin reserve, signaling a noteworthy shift in fiscal strategy that could influence financial markets and digital asset accept...
Read Full Article →Elon Musk confirms Tesla plan for robotaxis on Austin roads in June
The introduction of autonomous vehicles in Austin is expected to impact Tesla's revenue streams by potentially increasing market share and advancing their position in the emerging...
Read Full Article →Elon Musk’s company town: SpaceX employees to vote on ‘Starbase’
If approved, the establishment of a new municipality dominated by aerospace workers could enhance local governance and potentially influence economic development and property value...
Read Full Article →Texas Lawmaker Urges US Government to Put Crypto ATMs in Federal Buildings
A Texas lawmaker is advocating for the installation of cryptocurrency ATMs in federal buildings, seeking to enhance access to digital currencies and potentially increase government...
Read Full Article →Natural-Gas Firm Diversified Energy Strikes Deal for Permian Basin Player
The agreement between Diversified Energy and Maverick Natural Resources is expected to impact their asset portfolios and financial performance by combining operations across key na...
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