Category: economy

The post Texas Buys $5M BlackRock Bitcoin ETF; Is DSNT the Next Moonshot? appeared com. Crypto Presales Texas snaps up $5M in BlackRock’s Bitcoin ETF amid the BTC dip. This highlights DeepSnitch AI, one of the biggest crypto presale launches expected in 2026. Texas has made a major Bitcoin move, purchasing $5 million worth of shares in BlackRock’s spot Bitcoin ETF, with another $5 million allocated for a self-custodied Bitcoin buy. This institutional endorsement signals a significant shift in government attitudes toward cryptocurrency, and retail investors are now searching for the next low-cap gem. With more than $600,000 raised, early backers already in profit, and its January launch closing in, DeepSnitch AI sits in a price range that still leaves room for a major run once trading opens. If you’re hunting for that life-changing 100x before 2026, this might be the play. Texas said, “Hold my beer,” and bought the dip The Texas state government made the purchase on November 20, a move highlighted by Lee Bratcher, president of the Texas Blockchain Council. According to Bratcher, Texas will eventually self-custody Bitcoin, but as the process is being finalized, the initial $5 million allocation was made through BlackRock’s IBIT ETF. “$10M is allocated from general revenue, but not all $10M has been allocated,” Bratcher added. Pierre Rochard, CEO of The Bitcoin Bond Company, hit CT with some serious hopium: “In five years, we went from ‘governments will ban bitcoin’ to ‘governments are only buying a small amount of bitcoin’. Hyperbitcoinization has happened, is happening, and will continue to happen.” Texas now sits alongside Wisconsin, Harvard, and Abu Dhabi as IBIT holders. Bloomberg’s Eric Balchunas pointed out IBIT is probably the only ETF owned by all three. Absolutely wild for a fund that’s not even two years old. Top altcoins to watch: Could DeepSnitch AI pull a real 100x? DeepSnitch AI: The 100x moonshot Governments are out.