Morgan Stanley has bought more Bitcoin, allocating $15.05 million to purchase about 232.548 BTC through its spot Bitcoin exchange-traded fund MSBT, according to Arkham. The transaction took place this morning and marks another buy-the-dip move by the bank. Following the purchase, Morgan Stanley's total Bitcoin holdings have topped 6,500 coins for the first time, reaching 6,563 BTC. The position is now valued at over $426 million.
Morgan Stanley bought more Bitcoin this morning, spending $15.05 million on about 232.548 BTC through its spot Bitcoin exchange-traded fund MSBT, according to Arkham. The purchase marks another buy-the-dip move by the bank.
Its total BTC holdings have now crossed 6,500 for the first time, reaching 6,563 coins worth more than $426 million.
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