Archive: institutional proof


More Institutional Proof for Bitcoin

By Adam Sharp on May 29, 2020

This week we received more proof that institutions are buying up Bitcoin. I highly recommend reading this recent Decrypt piece titled “Hedge funds are buying Bitcoin despite Goldman Sachs’ skepticism.” Here’s an excerpt: Since Bitcoin’s block reward halving, digital asset manager Grayscale Investments has purchased more Bitcoin, on behalf of its institutional clients, than has been mined. The world’s largest digital assets manager continues to accelerate its rate of Bitcoin acquisition, regardless of what Goldman Sachs…