Florida State Treasurer Jimmy Patronis recently suggested that the state government consider including Bitcoin in the investment portfolio of the state retirement fund, in order to provide a hedge against market volatility for the investment portfolio.

Jimmy Patronis wrote to Chris Spencer, Executive Director of the Florida Board of Governors (SBA), on October 29th, proposing to evaluate the feasibility, risks, and potential benefits of investing some state retirement system funds in digital asset classes, and to complete the report before the next legislative session on March 4, 2025. He said:

Bitcoin is known as the 'digital gold', which can help diversify state investment portfolios and provide a stable hedge against volatility in other major asset classes

Currently, the total assets managed by Florida SBA exceed $205 billion, covering over 30 funds including the Florida Retirement System Trust Fund. Patronis suggests that SBA may consider establishing a "Digital Currency Investment Pilot Program" within the Florida Growth Fund, utilizing up to 1.5% of the fund's funds for high growth investments. According to the January report, the growth fund has invested $998 million in high growth projects between 2022 and 2023.

When managing state pensions for firefighters, teachers, and police officers, priority should be given to the best investment return. The potential of investing in cryptocurrencies such as Bitcoin is particularly attractive in this context

He also pointed out that this measure is consistent with Florida Governor Ron DeSantis' recent opposition to central bank digital currencies (CBDCs), believing that cryptocurrency is the "opposite" of central currency and more in line with the state government's investment philosophy.

If Florida adopts this proposal, it will join the ranks of states such as Wisconsin and Michigan that have already included cryptocurrency in their retirement fund investments. In May of this year, the Wisconsin Investment Board (SWIB) disclosed that the state had invested $164 million in Grayscale and BlackRock's Bitcoin spot ETF, accounting for 0.1% of its total assets. A few months later, the Michigan Retirement System also announced its Bitcoin investment, holding 110000 shares of the ARK 21Shares ETF, which represents approximately 0.003% of its assets.

(责任编辑：银饰)

• ·DePIN&AI項目Network3首批礦機120天回本！
• ·精研科技收盘跌1.53%，主力资金净流出1.04亿元
• ·XRP或迎8美元新时代：百万富翁导师预言“世代财富之旅”将落幕
• ·比特冷热钱包
• ·萌奈币行情走势-萌奈币行情走势图最新
• ·光弘科技收盘跌2.5%，主力资金净流出5.29亿元
• ·小规模开票选错税率怎么办
• ·涨停揭秘 | 黄河旋风2连板涨停，封板资金1133.97万元
• ·rose数字货币价格-数字货币gram价格
• ·刘聪聪：消费需求迭代时 酒店进社区是很好的选择 | 商业快讯
• ·分析师称山寨币市场全面开启，并勾勒出狗狗币、Floki 和 Pepe 的未来发展方向
• ·中粮科工：产品结构优化与管理创新，使得综合毛利率稳步提高
• ·新金融集群革命：为什么 PayFi 市场规模或将 20 倍于 DeFi ？
• ·meme币苹果下载地址 meme币最新版官方下载链接
• ·band币未来价格-band币未来价格预测
• ·亚洲水泥(中国)(00743)发布前三季度业绩 股东应占亏损4.59亿元 同比盈转亏