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Jefferies’ Christopher Wood scraps 10% Bitcoin allocation over quantum concerns
Jan 16, 2026
< 1 min read
by Florence Muchai
for CryptoPolitan
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A Wall Street strategist, Christopher Wood, has removed Bitcoin from his model portfolio due to concerns over quantum computing potentially undermining blockchain security. He believes the threat from this technology could soon affect cryptocurrencies. The news highlights risks to crypto adoption and security.
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Quantum computing’s threat to Bitcoin has made a Wall Street strategist step away from Bitcoin, insisting the technology is not far away from bringing down the security protocols used by blockchain networks as the world sees. Christopher Wood, the global head of equity strategy at Jefferies, has removed Bitcoins from his model portfolio, ending a […]
