Today, Texas Comptroller of Public Accounts
@KHancock4TX announced the members of the Texas Strategic Bitcoin Reserve Advisory Committee, established under SB 21, which was signed into law in June 2025.
We are proud to congratulate two TBC member companies whose representatives were appointed to the committee:
@CormintInc , Inc., represented by Founder and CEO
@jamesmcavity . Cormint is a leading Texas Bitcoin miner and one of the world's most efficient producers. Jamie brings deep expertise in Bitcoin mining, energy-optimized infrastructure, and Texas energy markets. Cormint's Fort Stockton facility consistently ranks among the most efficient mining operations in the world.
@CleanSpark_Inc represented by President and CFO
@GaryVec , CPA. CleanSpark is a TBC member company with an institutional-grade Digital Asset Management program that Gary built from the ground up. He brings more than 20 years of senior finance and public company leadership to this role.
A bit of background on what this committee does:
SB 21 established the Texas Strategic Bitcoin Reserve, a special fund outside the state treasury that authorizes the Comptroller to invest in Bitcoin as a hedge against inflation and economic volatility. Texas was the first state to commit public funds to a dedicated Bitcoin holding structure.
The five-member Advisory Committee advises the Comptroller on asset valuation, investment policy, and reserve management. It shapes how Texas approaches Bitcoin as a long-term state financial asset. Two of the three cryptocurrency expert seats on the committee went to representatives of TBC member companies.
Congratulations to Cormint, CleanSpark, Jamie, and Gary. Texas is building its Bitcoin future, and our members are helping lead the way.
Read the Acting Comptroller's full announcement:
comptroller.texas.gov/about/…