In accordance with BitcoinWorld, Tidal Investments has purchased $60 million in MicroStrategy (MSTR) shares, signaling a strategic, indirect investment in Bitcoin. The firm, which manages $50 billion in assets, made the move to gain exposure to Bitcoin through a regulated and familiar vehicle. The purchase, reported by BitcoinTreasuries.NET, reflects growing institutional confidence in Bitcoin as a corporate treasury asset. MicroStrategy, under CEO Michael Saylor, holds over 200,000 BTC in its treasury, making it a proxy for Bitcoin exposure. Tidal’s investment is not a direct Bitcoin purchase but a calculated allocation to a publicly traded company with significant Bitcoin holdings. The transaction highlights a broader trend of institutional adoption and the increasing integration of digital assets into traditional finance.
Tidal Investments Buys $60M in MicroStrategy Shares as Indirect Bitcoin Bet
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