Source: Cointelegraph MicroStrategy acquired 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment. MicroStrategy, a publicly traded business intelligence and software firm, reported a substantial expansion of its Bitcoin holdings in a filing on Nov. 25. The company acquired about 55,000 Bitcoin (BTC) for $5.4 billion between Nov. 18… Continue reading MicroStrategy expands Bitcoin holdings with $5.4B purchase
Tag: investments
US Election Optimism Fuels $2.2B inflows in crypto products
Source: Cointelegraph CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the US. Cryptocurrency investment products recorded their biggest inflows since July, hitting the $2.2 billion weekly mark, according to crypto investment firm CoinShares. Digital investment products continue on a… Continue reading US Election Optimism Fuels $2.2B inflows in crypto products
Grayscale introduces crypto investment fund that prioritizes staking rewards
Source: Cointelegraph Investors must have assets under management exceeding $1.1 million or a net worth over $2.2 million to qualify for Grayscale’s Dynamic Income Fund. Grayscale Investments has announced an investment fund tailored to sophisticated clients eager to expose their portfolios to income generated from staking cryptocurrency tokens. According to a recent statement, the Grayscale… Continue reading Grayscale introduces crypto investment fund that prioritizes staking rewards
