Uk Pension Firm First In Country To Invest In Bitcoin

Joel Loynds, ReadWriteWeb
Tue, 11/05/2024 - 7:29am

A United Kingdom-based pension scheme has become the first in the country to add Bitcoin to its repertoire. Announced by Cartwright, a pension consultancy firm, it’s been described as a “bold step”. The unnamed pension scheme has moved to invest 3% of its assets into cryptocurrency, which Cartwright says could have a “big positive financial impact”. This is about Bitcoin’s volatile nature, in which its value can exponentially rise as we saw in 2021, or plummet, which happened in 2022.

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Uk Pension Firm First In Country To Invest In Bitcoin

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