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Florida Bitcoin Reserve Bill seeks to allocate up to 10% of public funds into Bitcoin and ETFs, marking a major step in state-level adoption.
Author: Chirag Sharma
Florida has entered the spotlight of Bitcoin Reserve adoption after lawmakers filed House Bill 183, a proposal that could see the state allocate up to 10% of public funds into Bitcoin and digital asset ETFs. Sponsored by Representative Webster Barnaby, the bill aims to establish a Strategic Bitcoin Reserve, empowering the State CFO and State Board of Administration to manage investments from key accounts, including the General Revenue Fund and Budget Stabilization Fund.
Barnaby emphasized that the bill blends fiscal responsibility with innovation, describing Bitcoin as a “strategic hedge against inflation.” If enacted, Florida would join a growing list of U.S. states embracing Bitcoin as part of treasury diversification.
The initiative follows the U.S. Treasury’s federal Bitcoin reserve, created earlier this year using forfeited assets totaling 200,000 BTC, now valued at over $19 billion. Florida’s pension fund already carries $800 million in crypto-linked assets, reinforcing the state’s crypto-forward stance under Governor Ron DeSantis.
“Bitcoin isn’t just digital gold—it’s a strategic asset that safeguards taxpayer dollars from fiat erosion,” Barnaby said in his press release.
Florida’s move builds on a wave of inspired by , which commissioned a national Bitcoin stockpile feasibility study.
CRISPRKing
@CRISPRKING
@bitcoinarchive This isn't just a state buying Bitcoin. It's the first shot in a 50-state arms race for a sound money treasury. The game theory has begun.
JUST IN: 🇺🇸 Florida files Strategic Bitcoin Reserve bill House Bill 183 will allow Florida to invest 10% of public funds in Bitcoin 🔥 (Source: Bitcoin Laws) https://t.co/Zju4om9QQg
06:53 PM·Oct 16, 2025
CryptOpus
@ImCryptOpus
@bitcoinarchive Florida’s move signals institutional confidence, public funds in BTC will only lift demand and price
JUST IN: 🇺🇸 Florida files Strategic Bitcoin Reserve bill House Bill 183 will allow Florida to invest 10% of public funds in Bitcoin 🔥 (Source: Bitcoin Laws) https://t.co/Zju4om9QQg
04:55 PM·Oct 16, 2025
Earlier in 2025, Senator Joe Gruters introduced Senate Bill 550 targeting a similar 10% allocation, but it stalled in committee. HB 183’s revival aligns with the broader institutional adoption trend—Bitcoin has rallied 150% year-to-date to $95,000, reinforcing its perception as a macro hedge.
Analysts at the Bitcoin Policy Institute estimate that if five additional states follow suit, it could accelerate federal adoption under legislation such as Senator Cynthia Lummis’ BITCOIN Act, aiming to establish a 1 million BTC national reserve.
Despite the excitement, challenges remain. HB 183 outlines strict custody standards, mandating U.S.-regulated custodians and clear reporting to minimize exposure. Critics, including fiscal watchdogs, caution about volatility risks reminiscent of 2022’s drawdowns.
Environmental scrutiny also looms, though Florida officials stress compliance with sustainability frameworks. Samuel Armes, President of the Florida Blockchain Business Association, noted that even a 1% pension allocation could bring $1.8 billion in liquidity to the crypto market, while strengthening financial sovereignty.
“This isn’t speculation—it’s sovereignty,” Armes said, echoing growing sentiment that Bitcoin is evolving from a fringe investment into a treasury staple.
As sessions resume in spring 2026, Florida could fast-track the bill, igniting what analysts like Samson Mow (Jan3) call the start of a ‘sudden phase’ of state-level Bitcoin adoption.
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