MicroStrategy: Grayscale + Luna on steroids
MicroStrategy has spent a total of more than $16.5 billion on buying Bitcoin, and the $16.5 billion comes mainly from two sources.
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MicroStrategy has spent a total of more than $16.5 billion on buying Bitcoin, and the $16.5 billion comes mainly from two sources.
Although Ethereum has underperformed Bitcoin so far this year, it still outperforms the smart contract platform crypto industry index.
Grayscale Research believes that Polymarket has the potential to become a “source of truth” by leveraging the transparency and record-keeping of blockchain technology, market incentives, and the collective wisdom of users.
Asset management firm Grayscale Investments has launched a new investment fund for Avalanche’s native token AVAX, according to an announcement on August 22.
The US regulatory approval of crypto ETFs has saved Grayscale from danger, but it has also introduced more powerful competitors. The landscape of crypto asset management has undergone tremendous changes due to the entry of traditional asset management companies.
Grayscale Bitcoin Trust (GBTC) sees sharp outflow decline after announcing mini Bitcoin ETF, instilling investor confidence.
GBTC is different from other Bitcoin ETFs because it existed as a Bitcoin investment fund before it became an ETF.
Grayscale Research’s analysis shows that traditional balanced portfolios can achieve higher risk-adjusted returns with a modest allocation to cryptocurrencies (approximately 5% of total financial assets).
Part Three: 3AC, Grayscale, Genesis, and DCG
Grayscale refused to provide a proof-of-reserve for its Bitcoin citing security risks.