Category: Stone Ridge

Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC

Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC

Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its latest bitcoin investment thesis. FDA’s assertions come as one survey found that as many as […]

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$10 billion money manager parks $100 million of treasury into bitcoin

$10 billion money manager parks $100 million of treasury into bitcoin

The list of firms purchasing bitcoin on their balance sheet continues to grow. The latest addition is the $10 billion asset manager Stone Ridge Holdings Group, which announced Tuesday that bitcoin would serve as its primary treasury reserve asset.  According to a press release, the firm said that it purchased more than 10,000 bitcoin (worth […]

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Stone Ridge Asset Management Joins MicroStrategy and Square, Holds $115 Million in Bitcoin

Institutional participation in Bitcoin (BTC) continues to be on a steep rise over the last few months. Today, October 13, Stone Ridge Asset Management announced that it is holding over 10,000+ BTC worth more than $115 million. The announcement comes as Stone Ridge parent NYDIG raised over $50 million in growth equity funding. With more […]

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