South Koreas National Pension Service (NPS), the worlds third-largest public pension fund with more than $1 trillion in assets under management, increased its stake in Strategy Inc. (NASDAQ: MSTR) by 20% in the fourth quarter of 2025, even as Bitcoin tumbled from a cycle high near $126,000 to around $88,000. Since then, BTC has fallen further to roughly $67,000, deepening losses across NPSs crypto-related stock portfolio.
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