According to "The Block", a position report submitted to the U.S. Securities and Exchange Commission (SEC) this week showed that South Korea's National Pension Service (NPS), the world's third largest pension fund, bought 24,500 shares of Microstrategy in the second quarter. ) shares, valued at $33.7 million.
MicroStrategy is the listed company that holds the largest number of Bitcoins (BTC) in the world. According to previous reports by Zombit, as of August 10 this year, MicroStrategy held approximately 226,500 Bitcoins, worth approximately US$13.2 billion.
The South Korea National Pension Service’s move to buy micro-strategy stocks may be an attempt to expand indirect exposure to Bitcoin. The fund bought 282,673 shares of the Coinbase exchange in the third quarter of last year (worth $19.9 million at the time).
The latest filing shows that the National Pension Service held 229,807 Coinbase shares as of the end of June, worth about $51 million. And as of the end of March, the fund held 253,763 Coinbase shares.
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