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Florida Pension Fund Might Include Bitcoin, Says CFO
Jimmy Patronis, the chief financial officer of Florida, has proposed the state agency looking behind its pension funds to consider investing in Bitcoin. this will allow Florida to join several other US states in seeking exposure to Bitcoin
BTC
$72 482
24h volatility:
1.8%
Market cap:
$1.43 T
Vol. 24h:
$43.54 B
as part of their pension funds.
On Tuesday, October 29, Patronis wrote a letter to Florida State Board of Administration (SBA) executive director Chris Spencer urging them to “provide a report on the feasibility, risk and potential benefits of directing a portion of state retirement system monies into digital asset classes”. He also the SBA t
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