According to the latest monitoring data from Arkham, Morgan Stanley has again "bought the dip," increasing its Bitcoin holdings by approximately 100.3 BTC for $7.21 million through its spot Bitcoin ETF, MSBT. Its total Bitcoin holdings have now surpassed 6,300 BTC for the first time, reaching 6,331 BTC, valued at over $406 million.
Morgan Stanley Adds 100 BTC, Total Holdings Exceed 6,300 BTC for the First Time
TechFlowShare
Morgan Stanley posted a BTC update on Wednesday, adding 100.3 BTC through its MSBT spot Bitcoin ETF. The purchase, valued at $7.21 million, brings its total holdings to 6,331 BTC, worth over $406 million. This is the first time the firm’s BTC holdings have exceeded 6,300 BTC. The move follows recent inflows into Bitcoin, as institutional interest remains strong.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.