Australian Wealth Manager AMP Pioneers $27M Bitcoin Investment in Superannuation

Australian Wealth Manager AMP Pioneers $27M Bitcoin Investment in Superannuation

The $27 million Bitcoin investment by AMP Wealth Management, a well-known Australian financial firm that oversees $57 billion in assets, has garnered media attention. According to an Australian Financial Review story, this strategic allocation is the first time a significant Australian pension fund has made an entry into the Bitcoin market. The investment, which accounted for 0.05% of AMP's total assets, was made in May when Bitcoin values we...

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