Syz Capital partner withdraws funds from MSTR and ETF to invest in Metaplanet
ChainCatcher news, according to BitcoinTreasuries report, Richard Byworth, partner at Swiss hedge fund Syz Capital, is withdrawing funds from investments in Strategy (formerly MicroStrategy) and some bitcoin ETFs, and has started to shift investments to Japanese bitcoin treasury company Metaplanet.
He expects the company's market performance may outperform bitcoin's recent trend by more than 50%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Suspected BitMine address increases holdings by 20,532 ETH
Data: 400 millions USDT transferred out from a certain exchange detected
Circle issues 500 million USDC on Solana
Uzbekistan approves the use of stablecoins for payments under new sandbox mechanism
Trending news
MoreCrypto prices
More
