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Wall Street’s New Bitcoin Whale: $710M Fundraise Signals Institutional Hunger for Crypto
Wall Street’s New Bitcoin Whale: $710M Fundraise Signals Institutional Hunger for Crypto
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Move over, MicroStrategy—there’s a fresh contender loading up on BTC. A newly launched holding company just secured $710 million in funding, proving institutional FOMO isn’t just alive—it’s ravenous.
Why it matters: While traditional finance still debates Bitcoin’s merits, smart money keeps stacking sats. This nine-figure bet exposes the growing rift between crypto skeptics and those hedging against monetary debasement.
The cynical take: Nothing cures Wall Street’s risk aversion like watching early Bitcoin adopters retire on yachts. Suddenly, ’volatile’ becomes ’opportunistic’ when fees are on the line.
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