Fidelity Investments announced a new offering that will make Bitcoin available to millions of employees through their 401(k) plan as early as this summer.
This company will get Bitcoin in their 401(k) plan first.
Fidelity will first launch its new DAA account for employees of MicroStrategy, a software company known for its interest and investment in Bitcoin and digital assets.
Some advisors noted the typical investing behavior of employees in their 401(k) plans could prove favorable for Bitcoin as a newly available investment option.
Some financial professionals think Bitcoin could be a good investment.
Before transferring a portion of your retirement savings into Bitcoin, you should first consult a financial professional knowledgeable in crypto who can offer personalized guidance based on your unique circumstances and risk tolerance.