$10 Billion Hedge Fund Evaluating Bitcoin Exposure

2021-5-12 20:05

Dmitry Balyasny's $10 billion hedge fund is mulling over a Bitcoin bet

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bitcoin fund billion hedge mulling bet exposure

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Pantera sees over 1000x growth in Bitcoin fund, foresees $15T market cap within 10 years

Pantera Capital reported an extraordinary milestone for its Bitcoin Fund, which has grown more than 1,000x since its launch in 2013, according to a report shared with CryptoSlate. The fund’s performance reflects Bitcoin’s (BTC) surging value, now exceeding $90,000 per coin, with a projected long-term trajectory suggesting continued upward momentum.

2024-11-26 21:11