NC’s 127 billion USD pension faces Bitcoin vote

North Carolina’s pension fund supports over one million members, including public employees. It currently holds a diverse portfolio consisting mainly of public equity and fixed income, alongside real estate and alternative investments.

The proposed bill reduces the initial Bitcoin allocation from 10% to 5%. With Bitcoin being the only digital asset eligible for investment due to its market cap exceeding 750 billion USD, safe custody measures for the assets are also mandated.

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