Wisconsin is officially the first U.S. state to buy exposure to Bitcoin, according to a new filing with the U.S. Securities and Exchange Commission (SEC).
The State of Wisconsin’s Investment Board purchased 94,562 shares of BlackRock’s iShares Bitcoin Trust, valued at $98 million, and $63 million of Grayscale’s Bitcoin ETF, totaling $161 million.
States are really buying Bitcoin for pension funds before you realized it was a good investment.
Didn't I tell you to buy at $15k, $20k, $30k, $40k?
When will you start listening?
REMINDER that if you buy the BITCOIN ETF, YOU DO NOT OWN ANY BITCOIN.
BLACKROCK OWNS IT. NOT YOU.
Buying the Bitcoin ETF is the equivalent of buying a car title without the actual car.
Comments