The NPS's recent acquisition of MicroStrategy shares underscores its strategic approach to gaining indirect exposure to Bitcoin. Alongside its holdings in Coinbase, this move highlights the fund's increasing interest in cryptocurrency-related investments.
HafizMicroStrategy shares rose just 1% in after-hours trading after the company reported a net loss of $123 million in the second quarter.
JinseFinanceThe value of MicroStrategy’s Bitcoin holdings has grown to about $13.5 billion since the company began buying the digital asset as part of its efforts to hedge against inflation.
JinseFinanceTD Cowen analysts say MicroStrategy stock’s premium over BTC will compress but not disappear as spot Bitcoin funds come online.
JinseFinanceVanguard's substantial 8.24% stake in MicroStrategy provides indirect exposure to Bitcoin despite their cautious approach to the cryptocurrency market. This connection raises questions about the potential impact of Bitcoin price fluctuations on Vanguard's mutual funds and MSTR shares, offering clients an indirect route into cryptocurrency investment. As the crypto landscape evolves, the emergence of new Bitcoin-related products is anticipated, with the industry closely watching Vanguard's response.
Cheng YuanMicrostrategy's aggressive Bitcoin investments and innovative Lightning Rewards program underscore its strong belief in cryptocurrency as a key corporate asset.
BrianMicroStrategy's Saylor is selling company shares worth $216 million to increase his Bitcoin holdings, while maintaining a significant stake in the company.
KikyoSaylor previously stated that the move would allow him to meet his “personal obligations” and, of course, purchase more Bitcoin.
JinseFinanceMicrostrategy founder Michael Saylor tweeted that Microstrategy took action again and added another 14,620 BTC at an average price of about $42,110.
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