In a rare move indicating shifting global reserve strategies, the Saudi Central Bank has revealed an investment in Strategy (formerly MicroStrategy), granting the Kingdom its first indirect exposure to Bitcoin, the world’s largest cryptocurrency by market cap.
A May 16 filing with the U.S. Securities and Exchange Commission (SEC) reveals that the Saudi Central Bank holds 25,656 shares in Strategy, the world’s largest corporate Bitcoin holder.
As previously reported by CryptoNews, Strategy owns 568,840 BTC, valued at nearly $60 billion.
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HJB MINER is the world's leading cloud mining service platform. We specialize in cryptocurrency cloud mining, providing worry-free operations, competitiveness, high returns, and unparalleled reliability and security, making us the first choice. Join us and let us start the journey of wealth in cloud mining.
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