🚨🚨🚨 Report: Saudi Arabia is indirectly investing in cryptocurrencies. What's the story?
In a surprising move, the Saudi Arabian Monetary Authority (SAMA) recently revealed its significant stake in Strategies (NASDAQ:MSTB), formerly known as MicroStrategy, the largest institutional investor in Bitcoin. Strategies has made Bitcoin the primary reserve asset in its vaults in recent years. Therefore, the Saudi Central Bank's investment in Strategies gives it significant exposure to cryptocurrency assets, particularly Bitcoin. #BTC $BTC
