Miami Mayor Francis Suarez is working on a resolution seeking to put Bitcoin to the city’s balance sheet, according to Bloomberg. In a Twitter comment, Suarez said the matter would be addressed at a city commission meeting on Thursday.
- Suarez’s suggestion comes after Tesla Inc. announced it had invested $1.5 billion in Bitcoin
- The Miami Mayor has been vocal about how the city should allow particular types of Bitcoin transactions and invest in the cryptocurrency.
Bitcoin is currently declining. BTCUSD is down 1.44%
