Michigan adds massive Bitcoin holdings to its pension funds
On Aug. 5, Michigan's state pension fund reported owning $10.7 million worth of 300,000 ARK 21Shares Bitcoin exchange-traded fund (ETF) shares as of June 30. It marks an extraordinary jump from 100,000 shares it reported owning as of March 31.
ARKB is a spot Bitcoin ETF providing regulated and indirect access to BTC.
This is a developing story.
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