World's Largest Pension Fund Explores Adding Bitcoin to $1.54 Trillion Portfolio

Japan's Government Pension Investment Fund (GPIF), one of the world's largest pension funds, is considering adding bitcoin to its portfolio for diversification.

GPIF unveiled a 5-year research plan to explore new long-term investment strategies like sustainability, risk management, and new asset classes.

With assets under management worth $1.54 trillion, GPIF adding bitcoin could influence other pension funds and investment vehicles globally.

As part of researching "illiquid" assets, GPIF is gathering information on cryptocurrencies like bitcoin and precious metals like gold.

This move towards assessing bitcoin as a potential investment marks a shift in institutional investors' acceptance of bitcoin.