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MUFG Asset Management buys more Strategy shares, boosting indirect bitcoin exposure

Mitsubishi UFJ Asset Management, part of Japan\'s Mitsubishi UFJ group, increased its holdings of bitcoin-holding company Strategy shares to expand indirect exposure to bitcoin. U.Today reported the firm bought an additional 53,430 shares, lifting total holdings to 360,613 shares, up about 17.4 percent, with the stake valued at about $35 million. The position is held via MUFG’s wholly owned subsidiary, not a direct investment by MUFG itself.