Digital Power Network Submits Response to Texas Comptroller’s RFI on Establishing a State Strategic Bitcoin Reserve
FOR IMMEDIATE RELEASE
Washington, D.C. —The Digital Power Network (DPN), the largest U.S. coalition of Bitcoin miners and digital infrastructure leaders, today announced it has submitted its formal response to the Texas Office of the Comptroller’s Request for Information (RFI No. 311-26-090825AK) regarding the creation of a Texas Strategic Bitcoin Reserve (SBR).
DPN’s response outlines a three-pillar framework, secure acquisition, transparent custody, and prudent long-term management, designed to make Texas the first jurisdiction in the world to formalize Bitcoin as a state-level strategic reserve asset. By aligning the Reserve with Texas’s energy leadership and economic priorities, the state can cement its role as the global benchmark for responsible public-sector Bitcoin reserves while attracting investment, talent, and innovation.
“Texas has the opportunity to turn its energy strength into a financial advantage,” said Hailey Miller, Director of Government Relations & Public Policy at DPN. “Our plan shows how the Reserve can be secure, transparent, and fiscally prudent, supporting grid reliability, creating jobs, and positioning Texas as the global leader in next-generation financial policy. Just as Washington is now exploring a national Strategic Bitcoin Reserve, Texas can set the example for how it should be done.”
“The Texas Strategic Bitcoin Reserve positions the state as a global leader in financial innovation, building infrastructure, and creating jobs while shaping the future of digital asset policy nationwide,” said Anastasia Dellaccio, Executive Director, Digital State Network. “This is exactly why state-level action matters, the frameworks forged here will guide the roadmap for innovation across America.”
Highlights of DPN’s Plan
Fiscally Prudent Acquisition: Purchases should be structured to maximize long-term value for Texans, avoiding pro-cyclical buying through steady accumulation tools like dollar-cost averaging. By treating Bitcoin as a strategic reserve asset rather than a speculative bet, Texas can secure a durable store of value that strengthens fiscal resilience without exposing taxpayers to unnecessary risk.
Energy and Economic Upside: The Reserve creates new ways to turn Texas’s energy abundance into financial strength. Surplus wind, solar, and natural gas can be monetized through pilot programs that direct proceeds into the Reserve, while Bitcoin mining provides flexible load that strengthens grid reliability. The result: lower system costs, thousands of high-paying jobs in rural communities, and growth in professional industries like custody, cybersecurity, and insurance.
Institutional-Grade Custody: All holdings would be kept in segregated, state-controlled wallets under qualified U.S. custodians, with multi-signature/MPC protections, independent proof-of-reserves, and immutable audit trails. This ensures assets remain secure, transparent, and exclusively owned by the State of Texas.
Risk-First Governance: The Reserve is designed as a long-term strategic asset, not a trading vehicle. Explicit limits on liquidity events, oversight by a Texas Reserve Board, and rigorous cybersecurity controls ensure responsible stewardship that protects both the Reserve and the public interest.
“This is a Texas-first blueprint,” Miller added. “It leverages what Texas already does best, energy innovation and scale, and pairs it with world-class financial safeguards so taxpayers benefit from long-term resilience and economic growth. In doing so, Texas is not only strengthening its own economy but also providing a model for how a future U.S. Strategic Bitcoin Reserve could be responsibly structured.”
Read the full response here.
About the Digital Power Network (DPN):
The Digital Power Network (DPN) is the largest coalition of Bitcoin miners and digital infrastructure leaders in the United States, representing over 75% of domestic Bitcoin hash rate. DPN advocates for policies that promote energy innovation, grid resilience, economic development, and the strategic role of digital assets in the 21st-century economy.