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VisitWhat will be the outcome of Florida's Bitcoin reserve plan by December 31, 2025?
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Florida May Establish Bitcoin Reserve in Q1 2025 Using $185.7B Pension Fund
Dec 6, 2024, 11:32 AM
The state of Florida is considering establishing a Bitcoin reserve as early as Q1 2025, leveraging its $185.7 billion pension fund, the fourth-largest in the United States. The plan could involve allocating billions of dollars from the pension fund and the state budget surplus into cryptocurrency-related assets, including Bitcoin. This move reflects a strategic effort to diversify the state's investment portfolio and capitalize on the growing prominence of digital currencies.
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