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.
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%.
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