Luxembourg Invests 1% of Sovereign Wealth in Bitcoin

Luxembourg has made history by investing 1% of its sovereign wealth fund into Bitcoin, marking one of the first instances of a European government allocating national savings to this digital asset. This move comes amidst growing interest in cryptocurrencies as potential store-of-value alternatives to traditional assets like gold. 1% may seem small, but it signifies a significant shift in how governments view digital assets and their ability to safeguard long-term value.