According to Arkham monitoring cited by Odaily, Morgan Stanley bought the dip over the past week via its spot Bitcoin exchange-traded fund MSBT, adding 266.56 BTC worth $17.26 million and bringing total holdings to 4,348 BTC.
Odaily reported, citing Arkham monitoring, that Morgan Stanley “bought the dip” over the past week by increasing its Bitcoin exposure through MSBT, its spot Bitcoin exchange-traded fund. The reported purchase totaled 266.56 BTC, with a stated value of $17.26 million.
Total Bitcoin Holdings Reach 4,348 BTC
As of the latest monitored data, Morgan Stanley’s total Bitcoin holdings have reached 4,348 BTC. Based on the figures provided in the report, those holdings are valued at approximately $273.8 million.
The update focuses on Morgan Stanley’s recent accumulation through MSBT, the size of the latest increase, and the institution’s current total Bitcoin position. After the latest addition, its reported Bitcoin holdings have surpassed 4,000 BTC.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.