🚨 U.S. pension funds suffer heavy losses from Bitcoin investments.
🟦 Many public pension funds in the U.S. are facing significant losses after investing in Strategy as Bitcoin prices plummet. The total estimated loss is around 337 million USD, with 10 out of 11 funds reporting declines of up to 60% as Strategy's stock dropped by as much as 67%.
🟦 This trend once again highlights the high risks of cryptocurrency assets when included in long-term retirement investment portfolios.
BTC
65,702
-2.97%