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Strategy buys 6,911 Bitcoin for $584 million, pushing its holdings over 500,000. Debt-funded purchases raise concerns over market stability.
Traders who swapped Bitcoin for Tesla in Mag7 portfolios would be up 5% than they are now, notes Standard Chartered.
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Spot Bitcoin ETFs have attracted over $100 billion in assets, signaling growing institutional interest. SEC filings show varying levels of institutional investment in Bitcoin ETFs.
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