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Morgan Stanley inadvertently buys into the Bitcoin craze

Jan 9, 2021 17:07 GMTCrypto News Morgan Stanley increases the total stake in MicroStrategy to 10.9%, owning a total of 792,627 shares. Increased interest in MicroStrategy seems to stem from Bitcoin’s stellar rally. MicroStrategy’s investment in Bitcoin as a primary treasury asset makes it a de facto ETF. Morgan Stanley, a multinational investment bank and financial services company, declared to own 10.9% of MicroStrategy’s shares. This additional investment of 650,000 shares in Q3 of 2020...
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