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CalPERS Faces $8 Billion Risk After Bitcoin Crash

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CalPERS Faces $8 Billion Risk After Bitcoin Crash

Always do you own research! The California Public Employees’ Retirement System (CalPERS), one of the largest pension funds in the U.S., is grappling with significant losses after a massive investment in MicroStrategy. Despite its vast portfolio of over $550 billion, CalPERS’ bet on MicroStrategy has dropped by nearly half, from over $144 ...

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