In the grand game of financial roulette, our esteemed friends from the government sector have taken a plunge into the world of Bitcoin! Yes, dear reader, you read that right! The land of cheese and the desert oasis have both decided to take a gamble on the digital gold rush!
Wisconsin, the land of cheese and the Green Bay Packers, has more than doubled down on its Bitcoin exposure in just three months! The State of Wisconsin Investment Board has acquired an additional 3.1 million shares of BlackRock’s iShares Bitcoin (BTC) Trust in Q4 2024, according to a 13F filing with the Securities and Exchange Commission. It seems that Wisconsin has become the first sovereign fund to gain exposure to Bitcoin ETFs, and they’re not looking back!
Meanwhile, across the pond, in the land of sand and oil, the Abu Dhabi Sovereign Wealth Fund, known as Mubadala Investment Company, has also taken a fancy to Bitcoin. The SEC Edgar records show that the Abu Dhabi Sovereign Wealth Fund acquired BlackRock IBIT shares worth an estimated $436.9 million as of Dec. 31. It seems that the UAE capital is looking to diversify its portfolio and take a gamble on the digital gold rush!
And so, dear reader, the race to Bitcoin glory continues! Will the government sector continue to take a gamble on the digital gold rush? Only time will tell! But for now, let us sit back and enjoy the show!
Read More
- Path of Exile 2: How To Find & Unlock the Realmgate
- Million-Dollar Crypto Scandal: Abra Pays Up in SEC Settlement
- Joel McHale Joined Scream 7 And His Role Destroys A Popular Fan Theory
- NewsNation Taps Leland Vittert to Replace Dan Abrams
- Cookie Run Kingdom: Shadow Milk Cookie Toppings and Beascuits guide
- We’re Terrible At Organizing Things.’ Tom Holland Reveals The Sweet Holiday Scheme He And Zendaya Are Going To Try Next Year
- Ilana Glazer, Clark Gregg Join Broadway Cast of George Clooney’s ‘Good Night and Good Luck’
- Chanel Showcases Apichatpong Weerasethakul’s Immersive Exploration of Memory and Light
- Girls Frontline 2 Exilium tier list
- Yarrow Slaps’ Distorted Celebrity Portraits Take Center Stage in New Video Game-Inspired Show
2025-02-14 22:42