Texas Appoints CleanSpark CFO, Bitcoin Miner CEO to Strategic Bitcoin Reserve Committee on Thursday

According to The Block and an official statement, Texas Acting Comptroller Kelly Hancock appointed four outside members to the state's Strategic Bitcoin Reserve Advisory Committee on Thursday, May 28, as Texas advances one of the first U.S. state-level bitcoin reserves.

The appointees include CleanSpark CFO and President Gary Vecchiarelli, Cormint Data Systems founder and CEO Jamie McAvity (who operates a 130-megawatt bitcoin mining facility in Fort Stockton), Southern Methodist University law professor Carla Reyes, and investment executive Laurie Dotter. The five-member committee, including Hancock, will advise on bitcoin valuation, custody, and risk management under Senate Bill 21.