Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, is considering Bitcoin (BTC) as a potential tool for diversification. On March 19, the GPIF officially announced the development of new long-term investment policies in response to significant changes in the economy, society, and rapid technological progress. To address these challenges, the GPIF is initiating a five-year research plan to explore innovative methods for diversifying investments, with a focus on sustainability and risk management. As part of this plan, the GPIF will request various data, including information on illiquid assets that the company currently does not hold, such as cryptocurrencies like Bitcoin, precious metals like gold, and other assets. This is an ongoing development, and more information will be provided as it becomes available.