British banking corporation HSBC has just prohibited its customers from buying MicroStrategy shares due to its large investments in Bitcoin, according to a message distributed on the Internet whose authenticity still must be confirmed.
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HSBC will not let clients buy Microstrategy stock due to their newly changed policy on "virtual currencies". pic.twitter.com/eP1RJIsRE1— Documenting Bitcoin 📄 (@DocumentingBTC) April 8, 2021
The message informs bank customers of a change in the bank's policy regarding assets and related products.
The media reported back in January HSBC had banned the transfer of income related to crypto trading to bank accounts, as well as buying them with its cards.
To date, MicroStrategy has acquired more than 90,000 Bitcoins worth $5.3B at the current exchange rate.