Strategy founder and chairman Michael Saylor said on X that Florida elected a Republican governor who supports a U.S. Bitcoin reserve, while Texas elected a Democratic senator who voted for a state Bitcoin reserve. According to ChainCatcher, Saylor said the reasons for holding Bitcoin cross party lines.
In the 2026 midterm elections, Republican U.S. Representative Byron Donalds defeated Democrat David Jolly to become Florida’s governor. Donalds proposed H.R. 2112, which would give legal force to executive orders establishing a federal strategic Bitcoin reserve and digital asset reserve. During his campaign, he said Florida already had a proposal to create a strategic reserve.
Democratic state representative James Talarico defeated Republican Ken Paxton to become a U.S. senator from Texas, making him the first Democrat since 1994 to win a statewide election in the state. Legislative records show Talarico voted for SB21, a bill to establish a strategic Bitcoin reserve in Texas, while serving in the state House. Texas Governor Greg Abbott signed the related law in 2025.
Catherine
