Florida Lawmakers Push Bitcoin Reserve Bill

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.

Fiscal and Regulatory Considerations

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.