South Korea's National Pension Service Invests $33.75M in MicroStrategy Shares

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Investment in MicroStrategy
  2. Previous Investments in Digital Assets
  3. Digital Asset Regulation in South Korea


    4. South Korea's National Pension Service (NPS) continues to expand its investments in digital asset-related companies by investing substantial funds in MicroStrategy shares.

    Investment in MicroStrategy

    South Korea's National Pension Service has invested $33.75 million in MicroStrategy shares, acquiring 245,000 shares in the firm during the second quarter of this year. This investment represents 0.04% of the fund's total US stock holdings.

    Previous Investments in Digital Assets

    In the third quarter of last year, NPS bought 282,673 Coinbase shares, marking the fund's first investment in a digital assets company within its US stock holdings. This quarter, the fund sold 23,956 shares, capitalizing on a 40% increase in value.

    South Korea's National Pension Service disclosed that it bought 245,000 shares of MicroStrategy in the second quarter of this year, worth about $33.75 million. Previously, NPS bought 282,700 shares of Coinbase in the third quarter of last year. NPS manages $729.77 billion...Wu Blockchain

    Digital Asset Regulation in South Korea

    South Korea is making progress toward clearer digital asset regulations, highlighted by the enactment of the Virtual Asset User Protection Act. This legal framework has likely influenced the National Pension Service to view digital assets as a more credible investment category, reducing regulatory uncertainty.

    The investment by South Korea's National Pension Service in digital asset-related companies demonstrates its strategic expansion of its investment portfolio and a confidence in the future of digital assets. This may lead to increased investments in similar companies, aiming for high returns and risk diversification.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

CZ Calls Out Elon Musk Amid Binance Hack

Changpeng Zhao, co-founder of Binance, publicly addressed Elon Musk after his mocking response to a significant hack affecting the exchange.

user avatarMaria Fernandez

RUNE Price Surges Amid Ongoing Investigations into Stolen Cryptocurrency

RUNE's price increased from a local low of 0.59 to approximately 0.67 as investigations into stolen cryptocurrency movements through decentralized platforms, including THORChain, intensified.

user avatarGustavo Mendoza

Trezor Issues Urgent Security Warning for Safe 5 Wallets

Trezor has issued a security warning to customers who purchased Safe 5 hardware wallets through the Southeast Asian reseller CryptoBilis since March 2026, advising them to transfer their cryptocurrency to a newly generated wallet due to a potential hidden cellular implant.

user avatarRajesh Kumar

MEXC Introduces Canton 0Fee Carnival for Traders

MEXC has launched the Canton 0Fee Carnival, enabling users to trade CC spot and futures pairs without fees from October 30 to November 30, 2026, and participate in a prize pool of 1 million.

user avatarMiguel Rodriguez

XRP Ledger Foundation Clarifies Proposal's Routine Nature

The XRP Ledger Foundation clarifies that proposed changes to the token approval process are routine improvements and unrelated to any security incidents.

user avatarLuis Flores

XRP Ledger Developers Propose Tighter Token Approval Controls

XRP Ledger developers propose amendments for stricter token approval controls to enhance protocol safeguards and ensure consistent application of approval requirements.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.