Saudi Central Bank Takes Indirect Bet on Crypto via Stake in Strategy
WikiBit 2025-05-16 21:01
In a surprising revelation, the Saudi Central Bank recently disclosed that it holds substantial shar
In a surprising revelation, the Saudi Central Bank recently disclosed that it holds substantial shares in Michael Saylors Strategy, formerly known as MicroStrategy. As the largest institutional investor in Bitcoin, Strategy has made it its primary treasury reserve asset in recent years. Therefore, by investing in Strategy, the Saudi Central Bank is also likely to have substantial exposure to crypto assets like Bitcoin.
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