List of Flash News about Bank of Montreal
Time | Details |
---|---|
2025-02-16 15:20 |
Major Canadian Banks Invest in MicroStrategy for Bitcoin Exposure
According to Crypto Rover, the Bank of Montreal and National Bank of Canada have made significant investments in MicroStrategy, acquiring $790.55M and $525.95M respectively in $MSTR shares. This move indicates a strong institutional interest in Bitcoin, as MicroStrategy is known for its substantial Bitcoin holdings. Traders may see this as a signal of growing financial sector confidence in Bitcoin's long-term value, potentially impacting Bitcoin's market dynamics. |
2025-02-14 10:23 |
Bank of Montreal's $150M Investment in Bitcoin ETFs
According to AltcoinGordon, the Bank of Montreal, Canada's third largest bank with over $1 trillion in assets, has made a significant investment of $150 million in Bitcoin ETFs. This move indicates a growing institutional interest in cryptocurrency, which could have a positive impact on Bitcoin's market liquidity and investor confidence. Traders should consider the potential for increased volatility and liquidity in Bitcoin markets as a result of such institutional investments. |