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$57B AUM Australia's Pension Fund AMP Buys $27M in Bitcoin

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Summary
Nutrition label

68% Informative

AMP becomes Australia ’s first major pension fund to buy Bitcoin .

AMP chief investment officer Anna Shelley said $27 million or 0.05 percent of its $57 billion in funds under management of BTC was purchased in May .

BTC price currently trades at $ 100,837 , up nearly 20% in a month .

VR Score

50

Informative language

39

Neutral language

53

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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