#SouthKorea’s National Pension Service (NPS) has boosted its stake in the Bitcoin‑treasury firm MicroStrategy (MSTR) to $93 million, underscoring rising institutional appetite for crypto exposure.
Key points Investment size: $93 million Company: MicroStrategy (MSTR) NPS action: Raised its ownership in the firm MicroStrategy’s Bitcoin cache: Over 226,500 BTC, worth roughly $13.2 billion
The move is effectively an indirect bet on Bitcoin, since MicroStrategy remains one of the largest corporate holders of the cryptocurrency. The NPS joins a growing list of pension and sovereign‑wealth funds gaining #Bitcoin exposure via the company.
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#SouthKorea’s National Pension Service (NPS) has boosted its stake in the Bitcoin‑treasury firm MicroStrategy (MSTR) to $93 million, underscoring rising institutional appetite for crypto exposure.
Key points
Investment size: $93 million
Company: MicroStrategy (MSTR)
NPS action: Raised its ownership in the firm
MicroStrategy’s Bitcoin cache: Over 226,500 BTC, worth roughly $13.2 billion
The move is effectively an indirect bet on Bitcoin, since MicroStrategy remains one of the largest corporate holders of the cryptocurrency. The NPS joins a growing list of pension and sovereign‑wealth funds gaining #Bitcoin exposure via the company.
$BTC