Since Tesla bought US $ 1.5 billion worth of Bitcoin, a number of companies have followed in the footsteps of the company led by Elon Musk. This time, the New Zealand-based company, which manages the “KiwiSaver” pension fund, is preparing to buy Bitcoin again. How much is it? Preparations in this direction have been seen since last October 2020, when the institution bought Bitcoin at a price of US $ 10 thousand per BTC. They did not mention the total amount of their investment in this top crypto asset. To be sure, the latest news on the pension fund managed by the New Zealand Wealth Funds Management company is said to have allocated 5 percent of its assets into Bitcoin. The company's interest goes deeper into Bitcoin, because a number of other large companies are already targeting the crypto asset with a market cap of US $ 1 trillion. #CryptoTrading
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