The investment firm’s exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30.
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Category: Morgan Stanley
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The Metaverse Is the Next Big Investment Theme, According to Morgan Stanley
Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors Thursday. Strategists from the bank believe this alternate conception of reality is amassing important interest from companies like Meta (formerly Facebook) and Microsoft, which are already trying to grasp the concept. Some of these […]Powered by WPeMatico
Morgan Stanley CEO Says Bitcoin Is Not a Fad, Crypto Is Not Going Away
The chief executive officer of global investment bank Morgan Stanley says that cryptocurrency, including bitcoin, is not a fad. Noting that they are not going to go away, he said: “We’re watchful of it, we’re respectful, and we’ll wait and see how the regulators handle it.” Morgan Stanley’s CEO Says Bitcoin and Crypto Aren’t Going […]Powered by WPeMatico
Morgan Stanley doubles exposure to Bitcoin through Grayscale shares
The investment firm has increased its shares of GBTC by more than 105% since April.
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Morgan Stanley’s Executive Likens Bitcoin’s Resilience to Kenny Who Dies in Every South Park Episode
Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series South Park. In almost every episode, Kenny comically died but always came back, just like how bitcoin bounces back every time after a bear market. Bitcoin Is Similar to Kenny in South Park, Says Morgan Stanley’s Executive […]Powered by WPeMatico
Morgan Stanley exec says Bitcoin is the ‘Kenny from South Park’ of money
Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park.
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Morgan Stanley launches cryptocurrency research team
After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley dives deeper into crypto.
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Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team
Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said. Morgan Stanley Sets Up New Research Team Morgan Stanley is launching a dedicated cryptocurrency research team, Bloomberg reported […]Powered by WPeMatico
George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products
The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn Fitzpatrick. Soros Fund Management Reportedly Has ‘Greenlight’ to Trade Bitcoin At the end of March, Bitcoin.com News […]Powered by WPeMatico
Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC
The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC.
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