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Vangaurd, Blackrock, Fidelity, Bank of America all bought Bitcoin indirectly while becoming one of the top 10 share owners of MicroStrategy that owns more than several billions worth of Bitcoin.

Buying MSTR seems to be a path to Bitcoin exposure rather then directly buying Bitcoin..

Most of these share purchases took place in Q1 this year.

Think about it for a minute?

http://nostrcheck.me/media/rixon/nostrcheck.me_3d3158dd87dfc6729a00695c192bb775c3e361aa9dbb4712.webp

#bitcoin #btc #nostr #nostrnetwork #lightning #zap #zapathon #zaps #plebs #plebchain #grownostr #austriches #money #memes #nostrmemes #coffeechain⚡

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Discussion

🍊💊⚡️🌽 2y ago

What’s going to happen when companies buy BTC outright?

🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

Honest money has a way of attracting people, institutions and finally countries……..

Sashi 2y ago

Nice info!

2egos 2y ago

They will drop the shares in case of a bullrun, in which phase can be interesting ... but they rather buy bitcoin for exposure if this is the plan. Microstrategy has other interesting usecases in its portfolio i think.