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34 sats \ 2 replies \ @cryptocoin 26 Apr 2022
Here's an archive, which has no paywall, no subscription requirement, and can be easier to read:
Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts
https://archive.ph/BEB6y
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2 sats \ 0 replies \ @cryptocoin 27 Apr 2022
The press release from Fidelity:
Fidelity Investments Advances Leading Position as Digital Assets Provider With Launch of Industry’s First-of-Its-Kind Bitcoin Offering for 401(k) Core Investment Lineup
https://www.businesswire.com/news/home/20220426005525/en/Fidelity-Investments-Advances-Leading-Position-as-Digital-Assets-Provider-With-Launch-of-Industry%E2%80%99s-First-of-Its-Kind-Bitcoin-Offering-for-401-k-Core-Investment-Lineup
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0 sats \ 0 replies \ @cryptocoin 27 Apr 2022
Here's another article on this:
MicroStrategy To Allow Employees To Invest In Bitcoin As Part Of 401(k) Plan
https://bitcoinmagazine.com/business/microstrategy-to-allow-employees-to-invest-in-bitcoin-as-part-of-401k-plan
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20 sats \ 2 replies \ @BlokchainB 26 Apr 2022
Wonder how this works
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20 sats \ 1 reply \ @go 26 Apr 2022
It has to be a custody service, via a third party I would guess. Probably Paxos or something similar.
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2 sats \ 0 replies \ @cryptocoin 27 Apr 2022
From the Bitcoin Magazine article linked to in a separate reply:
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31 sats \ 2 replies \ @cryptocoin 26 Apr 2022
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22 sats \ 0 replies \ @bitcoingraffiti 26 Apr 2022
Max 20% of those assets could move to Bitcoin.
That's another 540 billion.
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17 sats \ 0 replies \ @kilianbuhn 26 Apr 2022
I guess that means no self hosted...
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22 sats \ 0 replies \ @go 26 Apr 2022
Saylor seems to have been a key player in the back end:
https://twitter.com/saylor/status/1518932342815047682
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