Saudi Central Bank Invests in MicroStrategy, Signaling Bitcoin Interest

The Saudi Central Bank has taken an unconventional step by investing indirectly in Bitcoin through its stake in MicroStrategy shares. This move signifies a growing institutional interest in the cryptocurrency and a departure from the traditionally conservative investment strategies of the central bank. While the Kingdom doesn’t own any Bitcoin directly, this indirect exposure reflects a broader trend among sovereign funds to leverage listed equities for crypto exposure. }