<ul><li>Florida Chief Financial Officer Jimmy Patronis has urged the State Board of Administration (SBA) to consider adding Bitcoin to the state pension funds.</li><li>Patronis sees Bitcoin as a potential diversification tool and a hedge against volatility in other asset classes.</li><li>He believes that Bitcoin's decentralized nature aligns with Governor Ron DeSantis's stance against central bank digital currencies (CBDCs).</li><li>Patronis has asked the SBA to prepare a report analyzing the feasibility, risks, and benefits of investing state retirement funds into Bitcoin.</li></ul>

Florida CFO advocates adding Bitcoin to state pension funds for strategic growth

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