Jagdeep Singh
@jag89singh
A UK pension fund has put Bitcoin on its balance sheet—in the first move of its kind in the country. Pensions advisory firm Cartwright announced Monday that it had told an unnamed client in the UK to make a 3% allocation to the leading cryptocurrency. The firm said that it made the recommendation because of Bitcoin’s long-term gains. The cryptocurrency has risen in price by nearly 100,000% since 2013, CoinGecko data shows.
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