One of the largest investment companies Fidelity Investments announced today that investors part of their retirement savings under a 401(k) to Bitcoin (BTC) announced that it would allow
Fidelity’s move allows investors to invest directly in Bitcoin without opening an account on any cryptocurrency exchange. of BTC It will help make it mainstream.
Before Fidelity, many companies allowed to accumulate Bitcoin. 401(k) retirement savings plan had begun to use it.
of Fidelity Posting on Twitter after the 401(k) move Michael Saylor, CEO of MicroStrategy, He said he supports Fidelity’s move and wants to add an option for their employees to invest in Bitcoin as part of their 401(k).
Saylor also stated that they plan to be the first employer to offer a retirement savings account, and in this context, they will start Bitcoin retirement savings for their employees as soon as possible.
“MicroStrategy continues to be a pioneer in Bitcoin for companies.
Our company also looks forward to working with Fidelity to become the first publicly traded company to offer our employees the option to invest in Bitcoin as part of our 401(k) program.
For companies like Fidelity, it’s just as important for us to advance the development of the Bitcoin ecosystem for institutional investors as it is to team up with companies that innovate in Bitcoin.”
MicroStrategy looks forward to working with @DigitalAssets to become the first public company to offer their employees the option to invest in bitcoin as part of our 401(k) program.https://t.co/Za33yj82Qv
— Michael Saylor⚡️ (@saylor) April 26, 2022