South Korea's NPS indirectly invested $34m in Bitcoin via MicroStrategy in Q2 2021.

South Korea's National Pension Service (NPS) invested $34m in MicroStrategy, a Bitcoin-focused firm, in Q2 2021. This marks NPS's indirect investment in Bitcoin, as MicroStrategy owns 226,500 BTC. This comes after the NPS purchased $45m worth of Coinbase shares in 2023. MicroStrategy's stock price has nearly doubled in 2021, while the company continues to accumulate Bitcoin.

August 16, 2024
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