The $1 trillion National Pension Service has expanded its holdings in Bitcoin-heavy MicroStrategy, reflecting heightened interest in cryptocurrency-linked investments by major state funds.
South Korea’s National Pension Service, which manages about $1 trillion in assets, has increased its stake in MicroStrategy to $93 million, according to BitcoinTreasuries.NET. MicroStrategy is widely recognized for holding large amounts of Bitcoin in its corporate treasury, making this move a significant step in state-level adoption of Bitcoin-linked assets.