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UBS Group, the largest bank in Switzerland with $6.6 trillion in assets, has significantly increased its bet on the digital asset ecosystem.
UBS has increased its MicroStrategy holdings to 6.31 million shares worth $1.12 billion.
KEY POINTS
- UBS purchased an additional 551,121 MicroStrategy shares for approximately $98 million.
- SEC filings confirm UBS now holds institutional exposure to XRP for the first time.
- UBS's institutional moves mark a shift from initial crypto skepticism to a 'fast follower' digital strategy.
COMPANIES
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