KBC Group, Belgium’s second-largest bank, increased its stake in Strategy to 39,826 shares worth approximately $5.9 million. Strategy, listed on Nasdaq under the MSTR ticker, holds Bitcoin as its primary treasury asset, with reports indicating 848,517 BTC in its reserves. The investment gives KBC Group indirect exposure to Bitcoin through a regulated equity vehicle without directly purchasing Bitcoin. Market participants are watching the transaction’s impact on Bitcoin’s trajectory, particularly as the $85,000 threshold comes into focus.
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