FL H1039

Establishes the Florida Strategic Cryptocurrency Reserve Fund as a special fund under the State Board of Administration, with the objective of growing the reserve to ensure long-term financial sovereignty for the state.

Limits eligible cryptocurrencies to those with an average market capitalization of at least $100 billion over the most recent 12-month period.

Creates a five-member Florida Strategic Cryptocurrency Reserve Fund Advisory Committee, including the board's executive director as chair, three members with cryptocurrency investment expertise, and one digital asset security expert, all subject to Senate confirmation.

Requires secure custody solutions with hardware-secured private keys, encrypted environments, multiparty governance for transactions, disaster recovery protocols, and regular security audits and penetration testing.

Takes effect January 1, 2027, and mandates annual legislative reporting on cryptocurrency holdings, estimated monetary value, and board management actions.