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flag Jefferies exits Bitcoin from its strategy due to quantum computing risks, shifting funds to gold and gold stocks.

flag Jefferies has removed its 10% Bitcoin allocation from its Greed & Fear strategy, citing long-term risks from quantum computing that could compromise Bitcoin’s cryptographic security. flag The $10 billion in Bitcoin holdings will be split equally between physical gold and gold-mining stocks. flag While Bitcoin has risen 325% since 2020, the firm warns that quantum computers could one day break its encryption, particularly affecting older or reused addresses and lost coins. flag Though the threat is not immediate, Jefferies is shifting to assets it views as more resilient against future technological disruptions.

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