The Government Pension Investment Fund (GPIF) of Japan, recognized as the world’s largest pension fund, is reportedly exploring Bitcoin (CRYPTO: BTC) as a potential asset for diversification. This development comes amid a significant rally in the cryptocurrency’s value. What Happened: THE GPIF is conducting research on a range of “illiquidity assets,” including bitcoin, to potentially broaden its investment scope, CNBC reported on Tuesday. While the fund’s traditional investments include bonds, stocks, and real estate, the exploration into bitcoin and other unconventional assets like forests a…