37 Articles 0 Followers
16 Nov 2020 1 minute read 3 comments author_nan
Digital asset management firm Galaxy Digital reported a net income of $44.3 million in its Q3 2020 financial results, which was published on Nov. 13. The firm reported a net income of $44.3 million, a far cry from the $68.2 million loss reported the...
9 Nov 2020 1 minute read 2 comments author_nan
Digital asset management firm Grayscale revealed on Nov. 6 that its Ethereum Trust had crossed over $1 billion in assets under management (AUM). Grayscale’s Ethereum Trust has $1.1 billion in AUM, the second-biggest product behind its Bitcoin Trust...
28 Oct 2020 1 minute read 4 comments author_nan
In an earnings call held on October 27, Microstrategy President Phong Le made clear that the company was looking to pour more funds to its Bitcoin (BTC) investments. Le noted both the financial and reputational benefit associated with the $426 milli...
21 Oct 2020 1 minute read 17 comments author_nan
According to a press release published on October 21, UK-based company Mode Global Holdings has invested 10% of its cash reserves into Bitcoin, mirroring moves made by other companies in recent months. Mode Global Holdings invested 10% of its cash r...
21 Oct 2020 1 minute read 0 comments author_nan
Microstrategy CEO Michael Saylor, in an interview with Hedgeye CEO Keith McCullough on October 20, criticised the prevailing data on Bitcoin and the market. Saylor spoke of inflated volumes, though he did see a silver lining in the status quo. Held...
14 Oct 2020 1 minute read 0 comments author_nan
Asset management firm Stone Ridge had revealed that it had been investing Bitcoin under a subsidiary company since 2017, and now holds $115 million in the asset. In 2017, Stone Ridge subsidiary New York Digital Investment Group (NYDIG) raised $50 mi...
13 Oct 2020 1 minute read 1 comment author_nan
Digital asset management firm Grayscale Investments has made its Ethereum Trust an SEC reporting company, according to a press release made on October 2. Grayscale’s Ethereum Trust is the firm’s second trust to be an SEC reporting company, the first...
29 Sep 2020 1 minute read 1 comment author_nan
Digital asset management firm Grayscale Investments now owns 449,00 Bitcoins, after having purchased another large amount in the past week of September. Grayscale purchased 17,000 BTC in the last 7 days, bringing their total holdings to 449,000 BTC...
24 Sep 2020 1 minute read 0 comments author_nan
Cryptocurrency fund manager Panxora will raise $50 million for a DeFi-focused hedge fund according to CEO Gavin Smith, who was interviewed by CoinDesk on September 23. Panxora will offer traders features such as an AI trading software which be used...
22 Sep 2020 1 minute read 0 comments author_nan
Cryptocurrency firm Evertas published the results of a new survey on institutional interest on September 21, and the results look optimistic for Bitcoin (BTC) and the market. The survey examined the holdings and strategies of exchanges, custodians,...
