Florida Strategic Bitcoin Reserve
Current status is PROPOSED
State exploring Bitcoin reserve through pension fund initiative
Using rainy day funds, Florida could purchase 44,410 BTC assuming a BTC price of $100,000
Timeline
1/1/2025Read More →
PROPOSED
Florida Blockchain Business Association (FBBA) working with state officials to establish Bitcoin reserve through state's $185.7B pension fund. Proposal includes allocating 1% (~$1.85B) to Bitcoin investments.
Key Details:
Support from Gov. DeSantis and CFO Patronis
Proposed 'Digital Currency Investment Pilot Program'
Leveraging $116.5B budget surplus for FY 2024-25
Integration with Florida Growth Fund
Rainy day fund data source: National Association of State Budget Officers
