Japan's Largest Pension Fund Explores Bitcoin Investment
As part of a diversification strategy, GPIF considers adding bitcoin to its portfolio amid rapid technological and economic shifts.
- Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, is considering bitcoin as a potential investment diversification tool.
- GPIF is exploring investments in illiquidity assets, including bitcoin, alongside forests, farmland, and gold, as part of a broader strategy to adapt to rapid economic and technological changes.
- The fund has initiated a five-year research plan to explore innovative investment diversification strategies, focusing on sustainability and managing risks.
- Global pension funds, including South Korea's National Pension Service and the Houston Firefighters' Relief and Retirement Fund, have previously invested in bitcoin or bitcoin-related assets.
- Bitcoin's price has surged over 120% in the past year, reaching a trading price of $63,000, bolstering its appeal to institutional investors.