Government-Backed Funds Expanding MSTR Holdings Show Rising BTC Demand: Standard Chartered

By Yahoo! Finance   |   1 month ago
Government-Backed Funds Expanding MSTR Holdings Show Rising BTC Demand: Standard Chartered

Government entities have been increasing their holdings of Strategy (MSTR), a bitcoin proxy, due to restrictions on direct BTC holdings. Investment bank Standard Chartered reported this trend, with entities like Norway's Government Pension Fund and the Swiss National Bank adding to their MSTR positions in the first quarter.

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