Florida Pushes Bitcoin Into State Reserves

[chainsniff]

Florida lawmakers opened the 2026 session with a bold move: House Bill 183, filed Oct. 15, would let the state allocate up to 10% of public funds—including reserves and pensions—into Bitcoin and digital assets.

The measure sets strict custody rules via licensed custodians or SEC-registered ETFs, aiming to bring institutional security to state-level crypto holdings.

If passed, Florida would be among the first U.S. states to manage Bitcoin as part of its official reserves.

[alex10]

If approved, Bitcoin-backed reserves could redefine public finance diversification models.

[Nahid10]

Florida’s experiment might inspire other states to explore BTC as a hedge against inflation.

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Florida’s move to allocate part of its public funds into Bitcoin signals growing confidence in digital assets as legitimate financial instruments within government portfolios.