Florida Proposes 10% Bitcoin Reserve for Public Funds by 2026
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Bitcoin Reserve Initiative: Florida has proposed legislation to establish a Strategic Cryptocurrency Reserve by 2026, allowing up to 10% of public funds to gain Bitcoin exposure, aiming to enhance the diversity and flexibility of state finances.
- Legislative Backing: The bill is sponsored by State Representative John Snyder and Senator Joe Gruters, emphasizing the creation of a dedicated Bitcoin reserve outside the State Treasury, granting the Chief Financial Officer authority over investment decisions.
- Market Implications: This initiative could alter public fund management strategies as it designates Bitcoin as the only eligible asset, potentially stimulating broader acceptance of Bitcoin and impacting market dynamics.
- Future Outlook: Should the bill be enacted, Florida aims to leverage Bitcoin's strategic value to bolster financial assets, although actual investments will still require adherence to further legislative and regulatory guidance to ensure compliance with performance metrics.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
