Morgan Stanley adds 1,302 BTC to institutional trust holdings

CIE News ·

Based on reporting by BeInCrypto; not yet independently confirmed.

Institutional reporting shows Morgan Stanley acquired roughly 1,302 BTC for over $100 million, expanding its MSBT spot Bitcoin trust reserves to approximately 10,850 BTC during a month-end downturn.

Morgan Stanley increased its holdings in the MSBT spot Bitcoin trust by approximately 1,302 BTC, according to institutional disclosures. The purchase was valued at more than $100 million and occurred during a month-end market decline. This transaction brought the fund's total institutional holdings to roughly 10,850 BTC.

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Read the original at BeInCrypto

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