Houston Firefighters US Pension Fund Purchases Bitcoin

[ad_1] A U.S. public pension fund has invested in bitcoin for the first time. The Houston Firefighters’ Relief and Retirement Fund acquired an undisclosed amount of BTC through institutional bitcoin services provider NYDIG. The investment “represents a watershed moment for bitcoin and its place in public pensions,” the global head of asset management at NYDIG said. The pension fund for Houston’s firefighters, the Houston Firefighters’ Relief and Retirement Fund (HFRRF), announced today that it had purchased bitcoin for the defined benefit plan’s portfolio, making it the first announced investment in…

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