Global crypto funds are again seeing net positive inflows after a record drought, with Bitcoin leading the pack. On Monday, March 25, CoinShares Head of Research James Butterfill reported that last week, these funds broke their five-week outflow streak—the longest on record, which had led to an exodus of $6.4 billion. Specifically, inflows for last …
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The company Strategy has recently acquired 6,911 Bitcoin for a total value of 584 million dollars, bringing the total of its reserves over 500,000 BTC. With this move, the company reiterates its commitment to cryptocurrency as a long-term investment strategy to protect shareholder value. The CEO Michael Saylor continues to lead this accumulation operation, using …
