Morgan Stanley Bitcoin bet: Up with MicroStrategy, down with Grayscale
Last year, Morgan Stanley began buying up Grayscale Bitcoin Trust, at one point owning as much as 13 million GBTC shares.
Bitcoin24h
$63,498.73-2.13%
Ethereum24h
$3,120.91-2.35%
BNB24h
$606.78+1.15%
Solana24h
$145.50-5.15%
XRP24h
$0.5205-1.48%
Dogecoin24h
$0.1499-3.50%
Toncoin24h
$5.29-3.67%
Cardano24h
$0.4689-2.35%
Shiba Inu24h
$0.0000-2.42%
Avalanche24h
$35.27-5.37%
Morgan Stanley now owns more Grayscale Bitcoin Trust stock than Ark
Wall Street’s Morgan Stanley just can’t stop buying Grayscale Bitcoin Trust as it awaits potential conversion to a spot exchange-traded fund.
Morgan Stanley raises MicroStrategy stake by 450%
Morgan Stanley is now MicroStrategy’s second largest shareholder after asset king BlackRock, which controls 16.5%.
-
Crypto markets inspire New York Stock Exchange 24/7 trading plan—by Protos Staff
-
Fake letter claims Elizabeth Warren wants 1% crypto wealth tax—by Protos Staff
-
ZKasino $30M ‘favor’ to users — seamless transition or rug pull?—by Protos Staff
-
Two years after blowing up his own fund, Zhu Su offers advice to $2B Ethena—by Protos Staff
-
A decade without an audit, Tether says it’s a new business—by Protos Staff
-
Nilam Resources releases token described as ‘obviously illegal’—by Protos Staff
-
Michael Saylor dumps quarter billion worth of MSTR while hyping bitcoin—by Protos Staff
-
The rise and fall of KuCoin—by Protos Staff
-
What does Avraham Eisenberg’s ‘code is law’ defense mean for DeFi?—by Protos Staff
