Andrew Kang, founder of crypto venture firm Mechanism Capital, has reportedly doubled his bullish bet on Bitcoin, taking a $200 million long position.
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MicroStrategy expands its Bitcoin holdings with an $1.1 billion purchase of 11,000 BTC, as announced by Michael Saylor. The business intelligence firm’s total Bitcoin portfolio now stands at 461,000 BTC, valued at $29.3 billion, with an average cost basis of $63,610 per coin.
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Six Bitcoin mutual funds are slated to launch in Israel next week following last week’s approval by the Israel Securities Authority (ISA), Israeli newspaper Calcalist allegedly reported Wednesday.
The post Israel Launching Six Bitcoin Mutual Funds Next Week: Report appeared first on Cryptonews. …