George Soros Fund Indirectly Invested in Bitcoin (BTC)!

Leading cryptocurrency #Bitcoin (BTC) has entered the radar of giant investors with the approval of spot BTC ETFs. Many corporate companies that did not previously support Bitcoin have entered the crypto market with BTC ETFs.

The fund of #GeorgeSoros , one of the world's most famous billionaire investors, announced the structure of its investment portfolio for January - March and confirmed rumors that it invested in MicroStrategy shares.

MicroStrategy has specifically turned into just a BTC holding company in recent years. MicroStrategy shares, which rose sharply with Bitcoin's rise, are also seriously affected by BTC's decline.

The George Soros Fund invested a total of $159 million in shares of MicroStrategy, which some market experts call a leveraged #Bitcoin stock.

It appears that this investment of $159 million corresponds to 2% of the overall portfolio value of the George Soros Fund. The 80-year-old famous businessman appears to be scooping up crypto stocks, even though he has recently publicly compared digital assets to a bubble and a tool of dictators.

At the end of April, experts from the investment company Benchmark said that #MicroStrategy will most likely be included in the #S&P500 index, which includes American companies with high liquidity.

In the coming period, spot Bitcoin ETFs and MicroStrategy seem to continue to attract the attention of giant investment companies in the USA.