CryptoHypeBuster
Saudi Government-Owned Bank Reaffirms $2.9 Million Bitcoin Bet
U.Today · Thu, 22 Oct 2026 17:35:16 GMT
Hype 28/100 · Market impact 25/100 · Breaking 56/100
Tags: BTC
Gulf International Bank (UK), backed by Saudi Arabia, disclosed a $3 million stake in Michael Saylor’s Strategy, giving the bank indirect exposure to Bitcoin through what the article describes as the world’s largest corporate holder of the cryptocurrency.
Read the full story on U.Today →
Related coverage
- Bitcoin Core 32 can stall multisig signing on older nodes as fix slips to next patch
- Bitcoin Profitability Nears 2022 Lows as BTC Price Slumps Below $82K: Analyst
- Gold, Oil and Stock Perps Hit 60% of Bitcoin Trading
- Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
- Bitcoin ETFs Erase October Losses With $1 Billion in Three Days