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Ethereum World News 2023-06-15 14:10:14

Biggest US Banks Place Quiet Big Bets On Bitcoin’s Largest Corporate Holder MSTR

Summary: BlackRock, Bank of America, and Fidelity have all massively increased their holdings of MicroStrategy stock, Bitcoin’s largest corporate holder. Buying MSTR seems to be a path to BTC exposure rather than directly buying crypto’s top coin. Canada’s sixth largest bank has also spent a considerable amount buying MicroStrategy stock in 2023. The appetite for MSTR shares comes at a time when the U.S. Securities and Exchange Commission is cracking down on crypto activity in America. Major banks and Financial

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