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List of Flash News about National Bank of Canada

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2025-02-16
15:20
Major Canadian Banks Invest in MicroStrategy for Bitcoin Exposure

According to Crypto Rover, the Bank of Montreal and National Bank of Canada have made significant investments in MicroStrategy, acquiring $790.55M and $525.95M respectively in $MSTR shares. This move indicates a strong institutional interest in Bitcoin, as MicroStrategy is known for its substantial Bitcoin holdings. Traders may see this as a signal of growing financial sector confidence in Bitcoin's long-term value, potentially impacting Bitcoin's market dynamics.

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