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Northern Trust Invests $260M in MicroStrategy, Indirectly Bets on Bitcoin

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Northern Trust has invested $260 million in MicroStrategy, gaining indirect exposure to Bitcoin. The move includes 1.488 million shares of MSTR, a stock that holds Bitcoin on its balance sheet. This allows Northern Trust to access the crypto market without direct custody. Bitcoin news highlights the growing interest from traditional finance. The investment reflects broader institutional adoption and signals confidence in Bitcoin as a store of value.
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