Financial Institutions Deals With Bitcoin Indirectly With Their Investment With Microstrategy

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It’s really interesting as the financial institution in the US indirectly deals with cryptocurrency through microstrategy purchases of the digital currency. The cable news network CNN published a list of companies who are now heavily invested with microstrategy, in that list financial institutions like fidelity bank and the Bank of America were seen on the list.

Microstrategy of whom is the institutional largest holder of the digital currency Bitcoin, totally of the amount of 140,000 BTC valued at 4.22 billion. Not only the cable news network that is interested in this but also a crypto trader which he tells he’s twitter followers in a tweet that, Fidelity and Bank of America bought BTC indirectly while becoming one of the top 10 share owners of MicroStrategy that owns more than several billions worth of Bitcoin.Most of these share purchases took place in Q1 this year.Think about it for a minute.

Well we look towards this quarter to see if this activities will continue as for me personally am very optimistic to see bitcoin adoption a success.
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