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Jim Cramer told CNBC on Tuesday that he believes it's "almost irresponsible" for companies not to consider owning bitcoin. The "Mad Money" host said he personally
BlackRock has authorized two of its funds to invest in bitcoin futures, according to filings with the SEC. The two funds are: BlackRock Strategic Income Opportunities
Saylor, the chief executive of business intelligence and software company MicroStrategy (MSTR), raised some eyebrows when he deployed $250 million of its balance sheet to buy bitcoin in August last year. The purchase marked the first time a publicly traded company invested in bitcoin as part of its capital allocation strategy. In September, he upped the ante and bought another $175 million worth of bitcoin. The move was followed by Jack Dorsey's Saylor made the boldest move in early December when he raised $650 million from a convertible bond offering and used the proceeds to buy another ...
Bitwise Asset Management This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Matt Hougan is the chief investment officer of San Francisco-based Bitwise Asset Management, whose $542 million Bitwise 10 Crypto Index Fund (BITW) has returned 242% since its launch. Hougan and Bitwise researcher David Lawant break down five approaches to valuing bitcoin and cryptocurrencies in a new 64-page research brief published by the CFA Institute. Their research suggests that while there is no ...