Australian pension fund AMP has allocated $27 million from its portfolio to Bitcoin

2024-12-12 17:47:04
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ChainCatcher news, Australian pension fund AMP has allocated $27 million of its portfolio to Bitcoin. AMP stated that this investment represents 0.05% of its $57 billion in assets under management.

AMP indicated that this move is based on a diversified investment strategy aimed at capturing Bitcoin's growth potential in the market. AMP also emphasized that its cryptocurrency investments remain within conservative risk boundaries.

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