Florida has officially joined the ranks of establishing a state-level strategic Bitcoin reserve, with legislators submitting a bill to set up an independent fund and establish the necessary custodial infrastructure. Strict qualification requirements stipulate that Bitcoin's average market capitalization over the past 24 months must be at least $500 billion, and currently, Bitcoin is the only asset that meets the criteria. Legislators believe that with Bitcoin's current price approaching $90,000, this presents a strategic entry point rather than a setback. Geopolitical factors, including accusations against Venezuela holding Bitcoin, also make this state-level plan more urgent.