Saudi Arabia has officially entered the world of Bitcoin indirectly! $BTC

The Saudi Central Bank revealed in its report to the SEC that it owns 25,656 shares in MicroStrategy (now known as Strategy), which is one of the leading institutions adopting Bitcoin as a primary reserve.

With this step, the Kingdom gives itself exposure to Bitcoin through an investment in the company with the largest institutional Bitcoin wallet (over 568,000 BTC worth more than $60 billion).

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Do you think this step marks an official opening for Saudi Arabia into the world of digital assets? Or is it just a first experiment in blending traditional and digital finance?

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#SaudiArabia #CryptoIntegration #MarketTurbulence #HotJulyPPI #BTC