#MarketGreedRising
🚨 Saudi Arabia and an Indirect Step Towards Bitcoin! 🚨
In recent days, reports have emerged confirming that the Saudi central bank has become an investor in MicroStrategy (now known as Strategy), the company that owns the largest Bitcoin reserve among global companies. This does not mean that Saudi Arabia has directly purchased Bitcoin, but owning shares in MicroStrategy opens the door to indirect exposure to the largest digital currency in the world.
This step is considered a strong signal that major economies in the region have begun to move towards engaging in the world of digital assets. With a massive economy like Saudi Arabia, any future expansion in digital investments could serve as a spark for the rise of the entire market.
In your opinion: Could this be just the beginning of larger steps from Gulf countries towards Bitcoin and digital currencies? 🤔