Miami mayor Francis Suarez says his Bitcoin salary is up around 300%. He made the statement in a Fox Business interview on Wednesday.
The segment followed a broad market pullback, with BTC price $103,000 during the day.
Suarez said,
“I got paid at $30,000, so it’s up 300%.”
He noted the gain reached 400% when Bitcoin hit the $120,000 peak. He said daily volatility does not concern him.
The Fox Business interview included questions about the recent dip below $100,000. Suarez referenced his Bitcoin salary entry level. He stressed the difference between day-to-day moves and long-term metrics.
Bitcoin salary timeline: Bitcoin salary began in November 2021
Suarez announced the Bitcoin salary plan in November 2021. He wrote,
“I’m going to take my next paycheck 100% in bitcoin…problem solved!”
That message placed the Miami mayor among early public officials to do so.
At the time of the announcement, Bitcoin traded near $64,000. The later Fox Business interview cited a $30,000 pay level. The numbers point to different paychecks or purchase points over time.
Suarez had disclosed BTC and ETH holdings before the Bitcoin salary shift. He publicly supported crypto by December 2020. Those disclosures set the context for his later payroll decision.
Fox Business interview: quotes, BTC price levels, and store of value
The Fox Business interview focused on the week’s price action. The host asked if the Miami mayor was concerned after the move under $100,000. Suarez replied he was not, citing his $30,000 entry.
Suarez said,
“I’m more concerned with the macro impact of having a store of value that people have faith in, that has a money creation system known through the code.”
He tied his Bitcoin salary stance to a store of value view.
He also mentioned the evolution of decentralized finance and AI. He said he watches systems and adoption. He put less weight on intraday swings than on long-term frameworks.
Numbers and Bitcoin salary math: 300% vs. 400% claims
If a Bitcoin salary paycheck landed at $30,000, a rise to the $120,000 peak marks a 4x move. On that path, Suarez’s “up 400%” remark aligns with that price. From $30,000 to BTC price $103,000, the move is roughly ~243%.
If a paycheck arrived when BTC was ~$64,000 in November 2021, the math changes. A rise from $64,000 to $120,000 is about ~87.5%. A move from $64,000 to $103,000 is about ~61%. Exact gains depend on the exact paycheck dates.
These figures explain the gap between the November 2021 announcement and the later Fox Business interview claim.
The Miami mayor referenced both a $30,000 level and a $120,000 peak. The timeline affects the Bitcoin salary gain calculation.
Policy optics and Miami mayor’s Bitcoin salary in 2021
The Bitcoin salary decision in 2021 drew attention. U.S. crypto rules were still taking shape. The Miami mayor positioned the city as crypto-friendly.
Suarez aimed to be the first state or federal-level lawmaker to take a paycheck in BTC. He framed the step as a payroll choice and a public signal. The Fox Business interview revisited that choice amid new BTC price levels.
Public posts show early support for BTC and ETH before the Bitcoin salary began. That record anchors the policy optics and the math.
It also links the 300% gain and 400% reference to distinct price points and dates.
Editor at Kriptoworld
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: November 6, 2025 • 🕓 Last updated: November 6, 2025
