NC pension plan’s crypto bet is down $30 million. Why supporters remain confident
State legislators pushed for North Carolina’s pension plan to start investing in Bitcoin and other cryptocurrencies last year, over objections by many of the state employees who r…
State legislators pushed for North Carolina’s pension plan to start investing in Bitcoin and other cryptocurrencies last year, over objections by many of the state employees who rely on the plan’s stability for their retirement. The state’s fund managers have faith in their investments.
Source: https://www.wral.com/news/nccapitol/nc-pension-crypto-loss-30m-feb-2026/