{"id":46360,"date":"2025-01-30T14:27:13","date_gmt":"2025-01-30T14:27:13","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/norwegian-central-bank-reveals-stake-in-microstrategy\/"},"modified":"2025-01-30T14:27:13","modified_gmt":"2025-01-30T14:27:13","slug":"norwegian-central-bank-reveals-stake-in-microstrategy","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/norwegian-central-bank-reveals-stake-in-microstrategy\/","title":{"rendered":"Norwegian central bank reveals stake in MicroStrategy"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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MicroStrategy Inc (NASDAQ: MSTR) is in focus today after the Norwegian central bank revealed it holds a sizable stake in the business intelligence company turned Bitcoin proxy.<\/p>\n

In total, the Norwegian Central Bank Fund owns about $500 million of MSTR shares, according to its 13-F filing on Thursday. <\/p>\n

It is now one of the largest institutional investors in the company.<\/p>\n

The Norges Bank revelation is sending MicroStrategy stock up in premarket today.<\/p>\n

Significance of Norges Bank\u2019s announcement<\/h2>\n

MicroStrategy remains popular among investors as it continues to invest rather aggressively in Bitcoin. In total, the company now owns a whopping 471,107 BTCs.<\/p>\n

The strategy has paid off exceptionally well, with MSTR share price currently up some 7 times versus the start of 2024.  <\/p>\n

Norges Bank\u2019s investment in MicroStrategy underscores its broader strategy to diversify its portfolio and see higher returns for the Government Pension Fund of Norway.<\/p>\n

It also reflects the central bank\u2019s confidence in the long-term potential of the company and its innovative approach of integrating Bitcoin into its business model.<\/p>\n

MicroStrategy stock does not currently pay a dividend, though.<\/p>\n

Banks are turning to cryptocurrencies<\/h2>\n

Norges Bank\u2019s announcement also highlights growing interest of central banks and institutional investors in cryptocurrencies and the blockchain technology at large.<\/p>\n

Just last week, Bank of America chief executive Brian Moynihan said the Wall Street banks will quickly embrace cryptocurrencies if regulators allowed.<\/p>\n

In fact, it\u2019s already working with Ripple on lower-cost, high secure and efficient cross-border transactions.  <\/p>\n

Investors should also know that the Norges Bank Investment Management is not alone in turning to the Bitcoin proxy for diversification. <\/p>\n

The Swiss National Bank currently owns<\/a> a little under half-a-million shares of MicroStrategy Inc as well.<\/p>\n

Nonetheless, while MicroStrategy stock is up significantly in the trailing 12 months, it\u2019s still down more than 25% versus its high in late November at writing.<\/p>\n

Should you buy MicroStrategy stock today?<\/h2>\n

The global central banks turning to MicroStrategy shares may also indicate a wider acceptance and overall demand for Bitcoin.<\/p>\n

With MSTR\u2019s continued focus on Bitcoin and its innovative business mode, it\u2019s positioned to remain a key player in the evolving digital asset market.<\/p>\n

That\u2019s also what could help its share price push further up through the remainder of this year, according to Mizuho analyst Dan Dolev.<\/p>\n

Dolev assumed coverage of MicroStrategy stock<\/a> this week with a \u201cbuy\u201d rating. <\/p>\n

His $515 price target indicates potential for a more than 50% upside from current levels.<\/p>\n

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Anticipation that MSTR will continue buying Bitcoin, coupled with expectations of Bitcoin price appreciation, grants MicroStrategy a premium to the underlying value of its Bitcoin holdings.<\/p>\n<\/blockquote>\n

Bitcoin price sits comfortably above the $105,000 level at writing.<\/p>\n

The post Norwegian central bank reveals stake in MicroStrategy<\/a> appeared first on Invezz<\/a><\/p>\n

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(Originally posted on : Invezz ) MicroStrategy Inc (NASDAQ: MSTR) is in focus today after the Norwegian central bank revealed it holds a sizable stake in the business intelligence company turned Bitcoin proxy. In total, the Norwegian Central Bank Fund owns about $500 million of MSTR shares, according to its 13-F filing on Thursday. It […]<\/p>\n","protected":false},"author":30,"featured_media":46361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[37],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46360"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=46360"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/46361"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=46360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=46360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=46360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}