Florida Official Considers State Bitcoin Reserve for Retirees, Citing Trump's Influence
Jimmy Patronis, Florida's chief financial officer, has proposed that the state's pension funds explore investing in cryptocurrency, citing Donald Trump's support for a US government bitcoin reserve. In a letter to the State Board of Administration's executive director, Patronis emphasized the potential benefits of diversifying the state's portfolio with bitcoin, often referred to as 'digital gold…
Sept. 14, 2025, 3:45 p.m.