Showing posts with label bitcoin fund. Show all posts
Showing posts with label bitcoin fund. Show all posts

And...Another Wall Street Firm Says They're Preparing a $100 MILLION+ Entry Into Bitcoin...

Soon to join MicroStrategy, Galaxy Digital Holdings, and Square in the $100 million and above club - Greenpro Capital (GRNQ on NASDAQ) says they're about to buy a lot of Bitcoin!

As they prepare to enter, they'll learn the big players already here did not simply buy and hold - they're buying more.

MicroStrategy clearly in the lead, their most recent purchase of another $650 million in Bitcoin last month, plus the price increase from the most recent rally puts their total at about $2.3 billion! 

All have one thing in common: believing Bitcoin still has a long rise ahead...

Remember these companies have so much money because they invested wisely in the past, so with a history of smart choices behind them, they choose Bitcoin looking ahead.

No one risks $100+ million hoping to withdraw $110 million in a couple years, and Greenpro Capital's announcement shows they (like many) believe the process of 'mass adoption' has just begun.

But what is a realistic goal? The truth is nobody knows, and those who have publicly shared their opinions have given a wide range of answers. 

So what's YOUR guess? Tweet us at @TheCryptoPress with a number and your reasoning, we won't hold it against you if you're wrong!

Author: Adam Lee 
Asia News Desk