National Bank of Canada increased MicroStrategy’s shareholdings by 8.8% during the first quarter, according to its recent 13F-HR form filing.
According to the filing, the commercial bank’s MicroStrategy shares rose to 1,768, valued at $516,822 as of March 31 — up 8.8% from 1,625 held as of January 24.
With the acquisition, the financial institution joins a long list of traditional firms making a play for Bitcoin (BTC) through MicroStrategy shares.
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