What Texas’ recent Bitcoin purchase signals to the rest of the US in a market downturn

Cointelegraph.com NewsTexas is now the first US state to purchase and hold Bitcoin, but why did it act during a market pullback, and how could this move influence national crypto policy? 

​Texas is now the first US state to purchase and hold Bitcoin, but why did it act during a market pullback, and how could this move influence national crypto policy?