Governments Boost Bitcoin Holdings Through Stocks, Standard Chartered Reports

A new report by Standard Chartered reveals that governments worldwide have significantly increased their investments in companies linked to Bitcoin, specifically MicroStrategy (MSTR), during the first quarter of this year. This trend suggests governments are finding ways to gain exposure to cryptocurrency assets even when direct Bitcoin ownership is restricted. 700 Bitcoins were added to MSTR holdings through sovereign funds such as Norway’s Government Pension Fund and the Swiss National Bank, while South Korea’s National Pension Service and Investment Corporation joined in with a similar investment.