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Home Cryptocurrency

South Korea Pension Invests $32M in MicroStrategy

South Korea's Pension Service invests $32M in Bitcoin-friendly MicroStrategy, boosting MSTR shares and crypto market involvement.

by John Darbie
Sun, Aug 18, 2024 1:18am
in Cryptocurrency
• 2 mins read
13.9k
South Korea Pension Invests M in MicroStrategy | FinOracle

Photo: Finoracle.net

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South Korea's National Pension Service Invests Heavily in MicroStrategy

South Korea's National Pension Service (NPS), one of the largest pension funds globally, has significantly increased its stake in the Bitcoin-friendly firm MicroStrategy (MSTR), now owning over $32 million worth of shares. This move underscores a growing global trend of institutional investment in cryptocurrency-linked companies.

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