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Bitcoin Historian Claims Abbott Added Bitcoin to Texas State Balance Sheet

The Nov. 8 post described Abbott as the first U.S. governor to add Bitcoin to a state balance sheet but gave no amount or transaction details.

Updated 1 min read
The Texas State Capitol stands above its grounds on an overcast morning in Austin, Texas. / TokenPost.ai (macro)
The Texas State Capitol stands above its grounds on an overcast morning in Austin, Texas. / TokenPost.ai (macro)

In a Nov. 8 post, The Bitcoin Historian called Abbott an “absolute legend” and said he had recorded Bitcoin (BTC) on Texas’ state balance sheet; the post gave no amount or transaction details.

The results leave both the governor’s office and Texas’ U.S. Senate seat in Democratic hands.

In an earlier post, the account said BNY’s Bitcoin position exceeded $201 million and had risen more than 77%.

EconoTimes’ earlier coverage of the BNY claim noted that it lacked a valuation date, a comparison period and a Bitcoin balance.

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