New York-based financial investment company Stone Ridge purchases 10,000 Bitcoin
The $10 billion financial investment management business Stone Ridge revealed today that it has actually bought more than 10,000 BTC, worth over $100 million at that time, as part of its treasury reserve method. Stone Ridge’s subsidiary, NYDIG, performed the purchase and presently holds custody of the funds. Previously, MicroStrategy had actually invested $425 million in bitcoin, while the Canadian digital property supervisor 3iQ launched $91.2 million in its Bitcoin Fund trading on the Toronto Stock Exchange.
