South Korea’s NPS Buys $37 Million More of Strategy Stock, Raising Stake to 821,985 Shares

Source

JOON HYOUNG LEE

Summary

The National Pension Service disclosed that it bought an additional 207,567 Strategy shares in the first quarter, valued at about $37.2 million.
The purchase brought the NPS’s total holdings of Strategy shares to 821,985, with the stake valued at about $147.5 million.
Strategy is the world’s largest corporate holder of Bitcoin (BTC), holding 818,900 Bitcoin purchased at an average price of $75,540.

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South Korea’s National Pension Service bought an additional $37 million of Strategy stock in the first quarter.

Bitcoin Treasuries reported on May 13 that the NPS disclosed in a filing submitted to the US Securities and Exchange Commission on May 12 that it purchased 207,567 additional Strategy shares during the quarter. The latest purchase was worth about $37.2 million.

The purchase increased the NPS’s holdings in Strategy to 821,985 shares. The stake is valued at about $147.5 million.

Strategy is the world’s largest corporate holder of Bitcoin. As of May 13, the company held about 818,900 Bitcoin, with an average purchase price of $75,540 per token.

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