Jefferies' Chief Strategist Removes Bitcoin Allocation Due to Quantum Computing Risk
BlockBeatsJan 16, 2026January 16th, according to Bloomberg, Christopher Wood, Global Head of Equity Strategy at Jefferies, recently removed the 10% Bitcoin allocation from its model portfolio, citing the development of quantum computing as a potential threat to Bitcoin's cryptographic security.Wood stated that if quantum computing continues to advance, Bitcoin's value proposition as a long-term, quasi-digital gold asset could be challenged, and this risk is starting to be factored into mainstream asset allocation considerations.[BlockBeats News]
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Jefferies' Chief Strategist Removes Bitcoin Allocation Due to Quantum Computing Risk
BlockBeatsJan 16, 2026January 16th, according to Bloomberg, Christopher Wood, Global Head of Equity Strategy at Jefferies, recently removed the 10% Bitcoin allocation from its model portfolio, citing the development of quantum computing as a potential threat to Bitcoin's cryptographic security.Wood stated that if quantum computing continues to advance, Bitcoin's value proposition as a long-term, quasi-digital gold asset could be challenged, and this risk is starting to be factored into mainstream asset allocation considerations.[BlockBeats News]
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