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The Saudi Central Bank invests indirectly in Bitcoin through Strategy Company
The Saudi Central Bank's investment in Strategy Company grants it an indirect investment in 568,840 Bitcoin (BTC).
This move is similar to the Norwegian sovereign wealth fund's strategy for indirect investment in crypto.
Saudi Arabia leads the MENA region in crypto adoption, with an annual growth rate of 154%, but the Kingdom still lacks laws regulating crypto trading platforms. #BTC #Binance #السعودية $BTC