Head of Wall Street investment bank Jefferies Investment: its pension fund's physical gold weight is reduced by 5% and switched to Bitcoin
Rhythm BlockBeats news, according to business-standard reports, the sharp rise in Bitcoin performance over the past period of time has attracted many traders and investors to this investment target, among which there are well-known Wall Street investors Christopher Wood, global head of equity strategy at bank Jefferies.
Recently, in Jefferies’ weekly report to investors, the team stated that it plans to The 50% weighting of physical gold in the managed global pension fund portfolio (established at the end of the third quarter of 2002) was reduced by 5 percentage points to invest in Bitcoin. In addition, if Bitcoin shrinks sharply from the high of $20,000, the team plans to increase this position.
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