There are continuous number of higher official of the government that want to venture in BTC and one of those is the MIAMI Mayor Francis Suarez.
In a FOX Business interview, he told that "I would have looked like a genius." if they tried to invest in to bitcoin on the previous months which return in a 200% increase.
Furthermore, he told that he aim that MIAMI to be the "most crypto-forward and technological cities in the country,"
Base on this article
https://www.foxbusiness.com/technology/miami-mayor-bitcoin-invest-cryptocurrencyOkay lets go back into the time on where bitcoins price isnt really that high and on the time this news was published then they are definitely reaping off some profits now
or increase into those government funds that they had converted out to crypto.This was indeed a risky call since its government money and shouldnt really be put up
in risk in making it as a form of investment.Its just that such decision did really pay off because of the sudden bull run that we are experiencing.
hopefully those gains will be really applied into the right path or projects and not would really be corrupted.