🇺🇸US Pension Funds Enter Crypto
The California pension fund announced the purchase of Strategy shares worth $276 million. Clearly, this is a bet on the growth of 🪙 BTC
The California fund manages assets of $516 billion. There are more than 5,000 similar pension organizations in the US.
The total assets of all pension funds amount to approximately 💰$27.9 trillion as of the end of 2024.
