Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares
The investment firm's exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30. Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust.According to filings from the United States Securities and Exchange Commission on Tuesday, the Morgan Stanley Insight Fund increased its holdings of Grayscale Bitcoin Trust, or GBTC, shares more than 63%, from 928,051 in the second quarter of 2021 to 1,520,549 as of Sept. 30. In addition, filings on....
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The investment firm has increased its shares of GBTC by more than 105% since April. Major U.S. investment bank Morgan Stanley has more than doubled its shares of Grayscale Bitcoin Trust since April.According to a report from the U.S. Securities and Exchange Commission, or SEC, filed Sept. 27, the Morgan Stanley Europe Opportunity Fund, which invests in established and emerging companies throughout Europe, owned 58,116 shares of the Grayscale Bitcoin Trust, or GBTC, as of July 31. At the time of publication, the price of GBTC is $34.28, making the investment bank’s exposure to Bitcoin (BTC)....
Morgan Stanley, a Wall Street investment bank, has gotten exposure to Bitcoin (BTC) through Grayscale, indicating that institutional adoption of digital assets is growing. Morgan Stanley Owns 28k Shares According to a June 28 filing with the US Securities and Exchange Commission, the Morgan Stanley Europe Opportunity Fund, which invests in established and growing firms […]
Per a filing with the U.S. Securities and Exchange Commission (SEC), banking giant Morgan Stanley holds several shares of the Grayscale Bitcoin Trust (GBTC). Pseudonym market analyst MacroScope broke the news via Twitter. The SEC files indicated that over 30 Morgan Stanley funds hold large amounts of GBTC shares. The biggest seems to be Morgan’s […]
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial services firm Morgan Stanley has significantly increased its exposure to bitcoin, the company’s filing with the U.S. Securities and Exchange Commission (SEC) on Friday shows. Morgan Stanley has declared that it now owns 792,627 shares of Microstrategy. The Nasdaq-listed company has been stacking....
The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC. Wall Street investment bank Morgan Stanley has gained exposure to Bitcoin (BTC) through Grayscale, offering further evidence of wider institutional acceptance of digital assets.The Morgan Stanley Europe Opportunity Fund, which invests in established and emerging companies throughout Europe, owned 28,298 shares of the Grayscale Bitcoin Trust, or GBTC, as of April 30, according to a June 28 filing with the United States Securities and Exchange Commission. At a current....