Canadian sovereign wealth fund AIMCo buys $219M in MicroStrategy stock

The Alberta Investment Management Corporation (AIMCo), a Canadian government-owned sovereign wealth fund with $142 billion in assets, has purchased 1.38 million shares of MicroStrategy (MSTR) for $219 million, according to Wu Blockchain. This is the fund's first investment in a Bitcoin-related asset. Wu Blockchain added that the purchase can be seen as the de facto beginning of AIMCo's indirect investment in the cryptocurrency market.