And what about now

#SouthKoreaNPSIncreasesStrategyStake Macro Shift: South Korea's NPS Escalates Indirect BTC Exposure via $MSTR The recent strategic capital reallocation by South Korea's National Pension Service (NPS) into Strategy Inc. (formerly MicroStrategy) highlights a profound structural evolution in institutional asset management. By increasing its stake in $MSTR, one of the world's largest pension funds is effectively utilizing the equity market as a regulated, high-liquidity proxy vehicle for Bitcoin ($BTC) accumulation. Key Technical & Market Implications: Regulatory Arbitrage: The NPS is navigating institutional constraints associated with direct spot BTC custody while still capturing the asset's highly correlated upside volatility. Liquidity Inflows: This signals a broader, sovereign-level consensus that views corporate Bitcoin treasuries as viable macroeconomic hedge instruments against fiat debasement. The Multiplier Effect: Sustained institutional inflows into heavily BTC-collateralized equities historically create a positive feedback loop, reinforcing strong support levels in the underlying spot market. This is not speculative retail trading; it is a calculated, long-term capital deployment by a state-level entity. The institutional infrastructure surrounding digital assets is rapidly maturing. Will we see a domino effect with other sovereign wealth funds adopting this proxy-accumulation architecture in Q3/Q4? Let’s discuss in the comments. 👇 $BTC #MacroEconomics