Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
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

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 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

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025
Most Popular

Tron’s Sundog Token Surges 25% Amid SunPump Memecoin Generator Craze

August 21, 2024

NVIDIA unveils Openusd Workflow to promote physical AI in robotics and autonomous vehicles.

January 27, 2025

Analyst Michaël van de Poppe says a big moment is approaching for Ethereum and predicts a rebound for layer-1 altcoins.

May 13, 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.