Jefferies strategists abandon Bitcoin allocation due to quantum computing threat
TechFlowJan 16, 2026On January 16, according to Bloomberg, Christopher Wood, global head of equity strategy at Jefferies, has removed 10% of his Bitcoin allocation from his model portfolio. In the latest "Greed & Fear" newsletter, Wood said that advances in quantum computing technology could weaken the argument for Bitcoin as a reliable store of value, especially for long-term investors such as pension funds.[TechFlow]
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Jefferies strategists abandon Bitcoin allocation due to quantum computing threat
TechFlowJan 16, 2026On January 16, according to Bloomberg, Christopher Wood, global head of equity strategy at Jefferies, has removed 10% of his Bitcoin allocation from his model portfolio. In the latest "Greed & Fear" newsletter, Wood said that advances in quantum computing technology could weaken the argument for Bitcoin as a reliable store of value, especially for long-term investors such as pension funds.[TechFlow]
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