South Korean Pension Fund Buys $34 Million in MicroStrategy Shares

South Korea's National Pension Service bought $34 million of MicroStrategy stock, gaining indirect exposure to Bitcoin. The pension fund joins others using MicroStrategy as a proxy for Bitcoin investing.

Aug 16, 2024 - 13:00
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South Korean Pension Fund Buys $34 Million in MicroStrategy Shares

South Korea's National Pension Service (NPS) has purchased $34 million worth of shares in MicroStrategy, the business intelligence firm that has accumulated billions in Bitcoin.

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