CalPERS Board of Directors candidates split their opinions on Bitcoin investment
Source: Binance
Time: 2025-09-04 14:42:13
At the board candidate forum on Wednesday, six candidates running for the California Civil Servant Retirement System (CalPERS) management board seat split on whether Bitcoin should be included in the fund portfolio, which totals $506 billion, Wu said. Some candidates believe that blockchain should be considered as a "promising technology" but refuse to invest directly in Bitcoin. CalPERS's second-quarter 13F document shows that the fund holds 410,600 shares of Strategy (formerly MicroStrategy) worth $165.9 million.