MicroStrategy Chairman Michael Saylor made statements that excited Bitcoin (BTC) investors. On May 14, Saylor posted on his X account, drawing attention to the thousands of pension funds in the US that manage approximately $27 trillion in assets, suggesting that these funds will need some Bitcoin.
Bitcoin investment by US pension funds has long been on the agenda of the cryptocurrency market. Previously, VanEck, a Houston-based company that manages pension funds for firefighters, announced that it invested in Bitcoin.
Manuel Nordeste, Vice President of Fidelity Digital Assets, stated in a speech at the beginning of May that the idea of pension funds investing in Bitcoin has just started to emerge. In March, Japan's Government Pension Investment Fund (GPIF) announced that it had launched research into various investments, including Bitcoin (BTC).
