Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»South Korea’s National Pension Fund purchased $33.7 million worth of MicroStrategy stock in the second quarter.
ADOPTION NEWS

South Korea’s National Pension Fund purchased $33.7 million worth of MicroStrategy stock in the second quarter.

By Crypto FlexsAugust 16, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
South Korea’s National Pension Fund purchased .7 million worth of MicroStrategy stock in the second quarter.
Share
Facebook Twitter LinkedIn Pinterest Email
Company • August 16, 2024 3:05 AM EDT

Posted 1 minute earlier ~ in

South Korea’s National Pension Service, the world’s third-largest pension fund by assets, purchased $33.7 million worth of MicroStrategy stock in the second quarter of this year.

NPS’s Holdings ReportThe pension fund bought 24,500 shares of Microstrategy Inc. in the second quarter, according to a report filed with the Securities and Exchange Commission this week.

This move is intended to increase the fund’s indirect exposure to Bitcoin. Previous Purchases In Q3 last year, he purchased 282,673 shares of Coinbase, worth $19.9 million at the time.

Latest NPS filing The pension fund said it owned 229,807 shares of Coinbase Global Inc. worth about $51 million at the end of June. Maintained As of the end of March, Coinbase had 253,763 shares outstanding.

MicroStrategy is the largest corporate Bitcoin holder, owning 226,500 BTC or approximately $13.2 billion. According to ~ BitcoinTreasuries. Given its significant Bitcoin holdings, MicroStrategy has often been used as a proxy for Bitcoin exposure in traditional markets. This week, the U.S. Securities and Exchange Commission Approved The first leveraged exchange-traded fund (ETF) targeting MicroStrategy

MicroStrategy’s stock has risen 92% so far this year, while Coinbase’s stock has risen 25% since the beginning of the year.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025
Most Popular

Why These 50 Altcoins Could Experience Hypergrowth

January 17, 2024

The Dragon’s Fortune – Level up in an epic adventure for prizes!

January 23, 2024

Wintermute Announces Liquidity Support for Hong Kong Spot Bitcoin and Ether ETFs

May 8, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.