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：商业观察)

• ·比特币维持看涨趋势：分析师称上升通道与超级趋势支撑位保持强劲
• ·10月31日大成蓝筹稳健混合C净值下跌0.15%，近1个月累计下跌5.72%
• ·小规模企业拿不到成本发票怎么做账
• ·meme币交易所app下载官方 meme币最新版下载官方app下载
• ·Arbitrum Ecological DeFi Project DeltaPrime Hacked with 6 Million Magnesium Due to Private Key Leakage
• ·股票赎回时间
• ·新钱包从币安提取500枚比特币价值超5000万美元
• ·为什么用显卡挖矿 为什么用显卡挖矿而不是cpu
• ·火币网提现
• ·10月中旬桂林穿什么
• ·云币和火币
• ·江卓尔钱包
• ·火币交易版ios
• ·比特股钱包注册流程-比特股app怎么样
• ·火币网止损
• ·10月31日长安裕盛灵活配置混合A净值增长1.99%，近3个月累计上涨19.07%