Wisconsin has made history by becoming the first state to invest in Bitcoin. The State of Wisconsin Investment Board purchased approximately $163 million worth of Bitcoin ETFs in the first quarter. Specifically, they acquired just over 1 million shares of the Grayscale Bitcoin Trust (GBTC) for a total value of $63.7 million and about 2.5 million shares of the iShares Bitcoin Trust (IBIT) for a total value of approximately $99.2 million1. This move is significant, considering the volatility of cryptocurrency investments. Could it pave the way for other state pension funds to follow suit? 🤔🌟
Read more #nostr #plebchain 👇 📈🔥
finance.yahoo.com/news/wisconsin…
Aaron
npub1hc…v2sdl
2024-05-18 16:06:37
Author Public Key
npub1hczrt546la7yfh8scw8l2w3xwg8jw2txq9q6tk7qm0xzt5xvvxwscv2sdlPublished at
2024-05-18 16:06:37Event JSON
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"content": "Wisconsin has made history by becoming the first state to invest in Bitcoin. The State of Wisconsin Investment Board purchased approximately $163 million worth of Bitcoin ETFs in the first quarter. Specifically, they acquired just over 1 million shares of the Grayscale Bitcoin Trust (GBTC) for a total value of $63.7 million and about 2.5 million shares of the iShares Bitcoin Trust (IBIT) for a total value of approximately $99.2 million1. This move is significant, considering the volatility of cryptocurrency investments. Could it pave the way for other state pension funds to follow suit? 🤔🌟\n\nRead more #nostr #plebchain 👇 📈🔥\n\nfinance.yahoo.com/news/wisconsin…",
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