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. |