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Morgan Stanley has bought more Bitcoin again. According to recent on-chain data, they appear to have purchased an additional 177.76 Bitcoin, worth approximately $13.75 million. Their total holdings now amount to 1,347.54 Bitcoin, which is a significant amount at current market prices.
What’s interesting is that large financial institutions are steadily accumulating Bitcoin like this. It feels like a strategic approach, similar to Arthur Morgan. It will be important to watch what kind of signals these moves from institutional investors send to the market.