BlackRock ETF’s $380M MicroStrategy Bet Reveals Stunning Institutional Confidence in Bitcoin Strategy
In a significant development for both traditional finance and cryptocurrency markets, BlackRock’s U.S. preferred stock ETF (PFF) has allocated approximately $380 million to preferred stock issued by MicroStrategy (MSTR), according to recent regulatory filings analyzed by CoinDesk. This substantial investment, representing a notable portion of the fund’s portfolio, signals growing institutional acceptance of corporate Bitcoin […]
