Fidelity Enables Bitcoin 401(k) Retirement Allocation Option for Corporate Employers
America's largest 401(k) retirement administrator introduces the Digital Assets Account, allowing participants to dedicate up to 20% of their retirement plan to Bitcoin.
How Much Bitcoin
$7,776,000,000 (180,000 BTC
BTC Price Then
$38,117
Price Change
+153%
Location
United States
Frequently Asked Questions
Who is adopting Bitcoin in "Fidelity Enables Bitcoin 401(k) Retirement Allocation Option for Corporate Employers"?
Fidelity Investments (Fund) is the entity adopting or allocating into Bitcoin in United States.
What type of entity is Fidelity Investments?
Fidelity Investments is classified as a Fund in the Bitcoin adoption ledger.
How much Bitcoin is being acquired or held?
$7,776,000,000 (180,000 BTC acquired directly as spot Bitcoin.
What was the Bitcoin price at the time of this adoption?
At the time of this event, Bitcoin was priced at $38,117 per BTC (a +152% change versus the current live price).
When did this Bitcoin adoption event happen?
This adoption event was recorded on Tue, Apr 26, 2022.
Where is this Bitcoin adoption taking place?
This adoption is attributed to United States.
What is the source of this Bitcoin adoption story?
Originally reported by Fidelity Press Room and indexed from the original report.
Originally reported by Fidelity Press Room
Read the original report