Florida Lawmakers Push Bitcoin Reserve Bill

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.

National Trend Gains Momentum

Florida’s move builds on a wave of state-level Bitcoin reserve proposals inspired by President Trump’s January executive order, which commissioned a national Bitcoin stockpile feasibility study.

Earlier in 2025, Senator Joe Gruters introduced targeting a similar 10% allocation, but it stalled in committee. HB 183’s revival aligns with the broader —Bitcoin has rallied , reinforcing its perception as a macro hedge.