Saudi Arabia Central Bank Acquires 25,656 Shares of MicroStrategy, Gaining Bitcoin Exposure
1 min read
The Saudi Arabia Central Bank has disclosed in a recent SEC 13F filing that it holds 25,656 shares of MicroStrategy Inc. (MSTR). This acquisition indicates the sovereign’s strategic move to gain exposure to Bitcoin, as MicroStrategy is known for its significant Bitcoin holdings. The purchase reflects a growing trend among sovereign entities investing in cryptocurrency-related assets. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Source: The Defiant
