Major

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/corporations-increase-their-bitcoin-holdings" data-wpel-link="internal">Corporations Increase Their Bitcoin Holdings</a><br></p>
<p style="text-align: justify">In a notable shift this year, cryptocurrency enthusiasts have begun paying attention to SEC’s 13F Forms for insights about <a href="https://en.bitcoinhaber.net/bitcoin-anticipates-steep-correction-as-market-analysts-project-price-decline" data-wpel-link="internal">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/ark-invests-strategic-shift-from-gbtc-to-bito" data-wpel-link="internal">BTC</a>). Following reports of former President Trump’s meeting with Coinbase’s CEO, BTC surged to $91,750, prompting curiosity about the recent 13F filings and their implications.</p> 
<h2 style="text-align: justify" id="what-do-the-13f-forms-reveal">What Do the 13F Forms Reveal?</h2> 
<p style="text-align: justify">These forms provide detailed information about the buying and selling activities of companies with equity holdings exceeding $100 million. Major corporations are increasingly focusing on BTC, especially in relation to Bitcoin ETFs.</p> 
<h2 style="text-align: justify" id="who-are-the-key-institutional-players">Who are the Key Institutional Players?</h2> 
<p style="text-align: justify">Among the prominent institutional investors, Millennium Management expanded its stake in BTC, acquiring an additional 12.6 million shares, totaling 23.5 million valued at $848 million. Other notable players include Capula, which holds substantial investments in both IBIT and FBTC, and Goldman Sachs, which increased its BTC ETF holdings by $710 million last quarter.</p> 
<p style="text-align: justify">Key takeaways from these developments include:</p> 
<ul> 
 <li>Increased corporate investment in Bitcoin ETFs reflects growing institutional interest.</li> 
 <li>Millennium Management and other firms significantly expanded their BTC positions.</li> 
 <li>Goldman Sachs has responded to client demand by bolstering its BTC ETF assets.</li> 
</ul> 
<p style="text-align: justify">The trajectory of Bitcoin prices, coupled with expectations of further increases after Trump’s potential inauguration, suggests a likely acceleration in ETF accumulation going forward.</p> 
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/corporations-increase-their-bitcoin-holdings" data-wpel-link="internal">Corporations Increase Their Bitcoin Holdings</a></h5>

Corporations Increase Their Bitcoin Holdings

Table of Contents

BH NEWS

Other articles published on Nov 18, 2024

Best Altcoin Presale Opportunities To Watch in 2024

FTX’s $1.8B Move on Binance Fails to Stop Bitcoin’s US Investor-Driven Comeback

Bitcoin Exchange OKX Shares New Altcoin Listing Announcement!

Huge Bitcoin Liquidations Pile Up at $91,500, Volatility Expected Around CME Gap

Top Reasons to Include Litecoin, Cosmos, and Cardano in Your Bull Market Strategy

RWA Tokens Surge: $13.7B Market, MANTRA (OM) Up 42.2%

Join our free newsletter for daily crypto updates!