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$1.54 Trillion Japanese Pension Funds Exploring Bitcoin.

Japanese Pension Funds Explore Bitcoin and could absorb 5% of the total Bitcoin supply if approved for a diversification play.

Japanese Government Pension Funds are seeking clarity (information) on diversifying their portfolio with a portion of Bitcoin.

Their current asset value in management sits at $1.54 Trillion US dollars in 2024, up $270 Billion since 2022.

Pension funds typically invest about 5 to 10% of their total money in gold. This percentage can vary depending on factors like the overall global economy and how risky the investments are. The rest of the funds are put into a mix of different assets, such as bonds (both local and international), various currencies, and stocks (both domestic and foreign).

How many Bitcoins could these Japanese Pension Funds buy if they were given permission and had all the necessary information?

$1,540,000,000,000 * 5% allocation = $77,000,000,000 ($77 Billion)

There are a total of 20,999,999.9769 (21 Million) Bitcoins that are set to be mined and all will be in circulation by the year 2140.

The current US Price per Bitcoin at the time of writing is $66,605 US dollars per coin.

If these Japanese Pension Funds would take this full 5% allocation, the calculation of their total Bitcoin stack in treasury would be:

77,000,000,000 / 66,605 = 1,156,069 Bitcoin or 5.5% of the total Bitcoin supply.

New information suggests that over 5,000,000 Bitcoins have been lost during the early days of the technology. Ignorance and complacency led to many being sent to incorrect wallet addresses, and numerous passwords and wallets are now inaccessible due to the loss of private keys.

If this is accurate, it would imply that these Japanese Pension Funds could potentially hold around 7.23% of the total Bitcoin supply.

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Santoshi
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