Miami Mayor Francis Suarez held more than $10,000 in cryptocurrency at the end of 2021, financial disclosure documents show.
The records offer a first glimpse of the personal digital currency holdings of a mayor who has marketed his city as a rising crypto hub, and they show that in 2021, his investment in real estate still far outpaced his stake in cryptocurrency.
As of Dec. 31, 2021, Suarez held a cryptocurrency account with $10,761.49, according to his disclosure paperwork filed June 28. Suarez also listed two investment properties in Miami with a combined value of about $700,000.
The crypto account is with Strike, a mobile payment application that uses Bitcoin to send and receive money and convert the crypto back into U.S. dollars.
The disclosure documents, required by law, offer a snapshot in time of the mayor’s crypto holdings. Each summer, elected officials are required to disclose assets and liabilities in excess of $5,000 for the preceding tax year.
The documents do not...
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