Crypto Investment Products Attract $1.9B as Ether Outperforms Bitcoin
Digital asset investment products continued to see strong investor interest last week, recording their 15th consecutive week of inflows—even as Bitcoin saw a slight pullback. According to a Monday update from European digital asset manager CoinShares, cryptocurrency exchange-traded products (ETPs) pulled in $1.9 billion during the week ending July 25. This came despite sharp market […]
Metaplanet Bolsters Bitcoin Holdings with 780 BTC, Total Now Tops 17,000 Coins Worth Over $2B
Japanese investment firm Metaplanet has expanded its Bitcoin portfolio by acquiring an additional 780 BTC, strengthening its position as the only non-U.S. entity among the top ten corporate Bitcoin holders worldwide. The company revealed the purchase on Monday, stating that the newly acquired Bitcoin was bought at an average price of ¥17,520,454 per BTC (roughly […]
Strategy Holds Off on Bitcoin Purchases Amid Expanded Equity Offering
Strategy, led by Michael Saylor and known as the largest publicly traded holder of Bitcoin, made no Bitcoin acquisitions last week, despite increased market movement following the cryptocurrency’s new all-time high in mid-July. According to a filing submitted Monday to the U.S. Securities and Exchange Commission (SEC), Strategy’s Bitcoin reserves stayed steady at 607,770 BTC. […]