Miami Mayor Says His BTC Salary Has Tripled in Value
Francis Suarez, one of the first U.S. lawmakers to accept as payment, said in a recent interview that his holdings have grown by about 300% since he begined accepting the digital currency.
The price of BTC was roughly $30,000 when Suarez got his first paycheck in BTC. He that even though BTC briefly went above $120,000 earlier in 2025, his pay had gone up by 400% before settling down to a constant 300% rise later than the market corrected itself.
Unfazed About Market Fluctuations
Suarez talked about BTC’s recent price drops, which brought it below $100,000. He said that short-term changes don’t matter much.
He says that BTC’s long-term fundamentals, such as its fixed supply and clear protocol, give him confidence that the currency will continue to do well, even though the market changes every day. Suarez said that his view on investing is based on the largeger picture of BTC as a store of value, not its daily price changes.
Miami and Crypto’s Vision
Suarez’s choice to get paid in BTC fits with his goal of keeping at the cutting edge of financial technology. Suarez is a supporter of decentralized finance and views Miami using digital assets to make its economy stronger in the future.
He has already said that cities should use cryptocurrencies in their daily operations, like paying city personnel and taking for taxes and fees. These initiatives that look to the future are part of his plan to get more investment, make the economy more diverse, and set Miami apart from other large financial centers.
Being a Role Model
In 2021, it was rare for public officials to get paid in BTC, but Suarez wanted to create an example for more people to use digital currencies. He still strongly supports making cryptocurrencies more useful for spending, saving, and investing.
He believes that a strong BTC ecosystem might give Miami an edge over other cities. Suarez has assisted raise Miami’s prominence in the worldwide technology and financial world by being an ahead adopter.
s experience with his BTC paycheck, which is now worth three times what it was when he received it, illustrates both the potential benefits and the broader context that drives cities to adopt cryptocurrencies.
By weathering the ups and downs of the market and focusing on the technology’s core qualities, Suarez keeps Miami at the forefront of the convergence of .
