VanEck Digital Assets Chief Research Officer Matthew Sigel revealed in a post that Florida Republican Representative and gubernatorial candidate Byron Donalds pledged support for the inclusion of bitcoin in state reserves on Fox News. Donalds volunteered without being asked: "Digital assets have found a home in Miami-Dade County. We hope to continue to grow on this framework. For the state's portfolio, I hope to be able to include bitcoin as part of the state's fiscal portfolio." Donalds emphasized that bitcoin has proven to be an excellent store of value and wealth, and that incorporating it into the state's balance sheet could help weather possible future economic storms. He also said: "Florida will become the financial center of the world, not just for the United States, but for the world."