It’s not an official holiday – yet – but for many cryptocurrency enthusiasts “Bitcoin Pizza Day” is still special. Thursday marks the 15th anniversary of the first known use of cryptocurrency to buy real-world goods.

A widely followed trader says Bitcoin (BTC) is not done printing new all-time highs after breaking out of key resistance levels this week.

The trade marks a new phase of capital migration from centralized finance to DeFi — one where whales, not just retail, are willing to place big bets outside the traditional system.

SB 21 has passed, letting the comptroller hold BTC; Gov. Abbott’s signature would make Texas the second U.S. state.

Crypto stocks immediately rallied, following Bitcoin hitting a new all-time high (ATH) on May 21. MicroStrategy (MSTR), rebranded to Strategy, jumped to $423.22 within minutes. The firm is the largest corporate Bitcoin holder in the world, with 576,230 BTC on its balance sheet.

According to SB 21, the state can only use money from the reserve to buy cryptocurrency with an average market capitalization of at least $500 billion over the past 24 months. This means Texas would only be allowed to invest in large, established cryptocurrencies like Bitcoin and possibly Ethereum, depending on market conditions.

Bitcoin's price is creeping back toward all-time highs this week, but one options trade is eyeing much bigger gains in the month ahead.