Institutional Interest in Bitcoin Rises via Proxies: Standard Chartered Analysis

Standard Chartered highlights a significant surge in institutional interest in Bitcoin through indirect investment channels, citing the use of proxies like MicroStrategy. Sovereign entities are increasing their holdings of MicroStrategy stock, often used as a proxy for Bitcoin exposure. Recent SEC filings reveal notable increases in MSTR holdings by governments in Norway, Switzerland, and South Korea, as well as Saudi Arabia’s initial small position.