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%.
-
Tether executives have brushed shoulders with crime since its inception—by Protos Staff
-
Floor price of Stoner Cats NFTs up 250% after SEC action—by Protos Staff
-
Soulja Boy and Austin Mahone lose to SEC, Justin Sun still to respond—by Protos Staff
-
Fortress Trust says ‘no loss of funds’ as its customers’ crypto was stolen—by Protos Staff
-
X keeps 99% of ad revenue from most creator payouts—by Protos Staff
-
David Bailey accuses Barry Silbert of using customer funds to pump GBTC—by Protos Staff
-
Joseph Bankman warned Scaramucci about FTX—by Protos Staff
-
Family office Nima Capital unofficially exits from Synapse token—by Protos Staff
-
Another Binance executive jumps ship amid regulatory woes—by Protos Staff
