Reddit IPO filing reveals treasury exposure to Bitcoin, Ethereum
The filing did not disclose the amount of Bitcoin and Ethereum held in the treasury or how long the company has been buying them.
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Tyr Capital was accused of of failing to adhere to its risk mitigation measures in the wake of the FTX collapse.
Bitwise Bitcoin ETF has rapidly grown since its launch in January.
While retail crypto traders want to get on the bullish bandwagon, the series of exchange bankruptcies in 2022 has taught them to be cautious.
MicroStrategy's Bitcoin holding is worth almost $10 billion.
Coinbase will release its earnings report for the 2023's Q4 at market close today.
Bitcoin's recent rally pushed MicroStrategy's unrealized profit on its investment to approximately $3.5 billion.