TechFlow news, July 12 — The official Weibo account of the Consulate General of Israel in Shanghai, @IsraelInChina, reported that the Israel Investment Fund Group stated it has invested $2.3 billion in Bitcoin as part of its portfolio diversification policy, calling it "part of a global strategy leading Israel into a monetary future." According to TechFlow's investigation, the Israel Investment Fund Group is not Israel's sovereign wealth fund. The original tweet from the Twitter account named Israel Investment Fund Group—which may not be an authentic official account—has since been suspended.





