Norway’s $1 Trillion Oil Fund, BlackRock’s And Vanguard’s Indirect Bitcoin Holdings Revealed
U.S. · WORLD · BUSINESS · TECH
September 24, 20202 min read451 words
Published: September 24, 2020  |  2 min read451 words
The bitcoin world was set alight by news last month that Virginia-based business intelligence and software company MicroStrategy MSTR -0.5% was buying bitcoin to hedge against inflation. MicroStrategy, which boasts a market capitalization of $1.4 billion, bought just over 21,00...
Norway’s $1 Trillion Oil Fund, BlackRock’s And Vanguard’s Indirect Bitcoin Holdings Revealed Read more

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Credible2
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Credible
September 24, 2020
I can see how other reviewers might find this article and its headline to be a bit sensational, but the word "Indirect" is used in the headline and the article clearly states that Norway's oil fund has "indirect exposure". A good read and possibly one of the first major dominos to fall for major corporations hedging against inflation by buying into Bitcoin.
September 24, 2020
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Credible
September 24, 2020
Title is a bit sensational; this is less about big names like Vanguard/Blackrock holding bitcoin, and more about them having positions in a ton of companies & funds across the market, one of which (Microstrategy) holds bitcoin. While technically accurate, article feels more like reading a bit of financial trivia vs the huge impact that those funds officially taking a position in bitcoin would otherwise mean for the crypto market.
September 24, 2020
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