October is a time for surprises. On Oct. 8, proper on cue, cellular funds large Sq., which boasts a market cap of $86.6 billion, introduced that it had invested $50 million in (BTC). 5 days later, asset supervisor Stone Ridge Holdings, which manages over $10 billion in property, disclosed that it had bought greater than 10,000 BTC, value round $114 million, as a part of its treasury reserve technique.
They each adopted MicroStrategy, a Nasdaq-listed asset supervisor, which made identified final month that it had gathered $425 million in Bitcoin, making BTC the principal holding in its treasury reserve technique.
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