Institutional & Corporate Updates


Strategy (MSTR): The world’s largest corporate holder now owns 714,644 BTC (over 3% of the total supply). However, with a cost basis of $76,056, their holdings are currently "underwater," leading to significant impairment write-downs in recent earnings reports.
BlackRock's Warning: Robert Mitchnick, BlackRock’s head of digital assets, recently warned that excessive leverage in the crypto market is undermining Bitcoin's appeal as a stable portfolio hedge, making it behave more like a "levered NASDAQ."
Harvard's Shift: In a notable move, Harvard's endowment reportedly trimmed its Bitcoin ETF holdings by 21% while simultaneously building an $87 million position in Ether (ETH).
$BTC #GateSquare$50KRedPacketGiveaway
BTC-0,28%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)