New Zealand Retirement Fund’s Multi-Million Dollar Bitcoin Allocation Surges 460% in Five Months

New Zealand’s KiwiSaver Growth Strategy fund is seeing its multi-million dollar Bitcoin allocation pay off big time in a span of five months. Citing New Zealand Funds Management chief investment officer James Grigor, local news outlet Stuff reveals that the $244 million (NZ$350 million) retirement plan invested 5% of its capital in Bitcoin. Grigor says … Continue reading New Zealand Retirement Fund’s Multi-Million Dollar Bitcoin Allocation Surges 460% in Five Months