South Korea’s Public Pension Fund Invests $33.75M in MicroStrategy Shares

Quick Summary:

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is investing $33.75M in MicroStrategy shares in a bid to diversify into digital asset companies to broaden its investment scope and seek higher returns.

South Korea’s Public Pension Fund invested in MicroStrategy, acquiring 245,000 shares in the firm, valued at $33.

MicroStrategy, originally known for its business analytics software, has become a key player in Bitcoin investments.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaSouth Korea

Topics: Latest News $33.75M Invests Public Pension Fund MicroStrategy Shares SOUTH KOREA News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-17 @ 06:35:10 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 350 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22113962

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