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The Daily Hodl
2023-04-11 10:04:39

Fidelity and Bank of America Gain Exposure to Bitcoin As Financial Giants Heavily Invest in MicroStrategy

Fidelity and Bank of America Gain Exposure to Bitcoin As Financial Giants Heavily Invest in MicroStrategy

Financial titans Fidelity and Bank of America are now indirect owners of Bitcoin (BTC) after the two firms heavily accumulated shares of MicroStrategy (MSTR) in Q1 this year. MicroStrategy is the largest institutional holder of Bitcoin, owning 140,000 BTC worth more than $4.22 billion. Data from CNN shows that Bank of America is now the fourth-largest The post Fidelity and Bank of America Gain Exposure to Bitcoin As Financial Giants Heavily Invest in MicroStrategy appeared first on The Daily Hodl .

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