UBS Expands Bitcoin Bet With $1.12 Billion MicroStrategy Stake

Share

UBS Group, Switzerlands largest bank with $6.6 trillion in assets, is rapidly increasing its exposure to the digital asset market through a major investment in MicroStrategy (MSTR), widely considered a corporate proxy for Bitcoin. The banking giant recently disclosed the purchase of an additional 551,121 MicroStrategy shares worth nearly $98 million, pushing its total holdings to 6.31 million shares valued at approximately $1.12 billion.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles