Richard Byworth says that a firm like Strategy isn’t concerned with how high Bitcoin’s price goes; its focus is solely on the multiple of its net asset value.
The US exchange is seeking regulatory approval to list shares of 21Shares' DOGE ETF. The SEC is currently reviewing more than 70 applications for crypto ETFs.
Bitcoin is enjoying a "surge in capital turnover" as speculators begin to take an interest in the market thanks to multimonth BTC price highs, new analysis says.