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Morgan Stanley Adds 1,302 Bitcoin (BTC) to MSBT for Over $100 Million

The acquisition lifted the firm’s Bitcoin balance to 10,850 BTC, valued at about $840 million.

By Enna Lee
Published
Mentioned assets
A gold-toned coin sits in a precision-cut black custody tray / TokenPost.ai
A gold-toned coin sits in a precision-cut black custody tray / TokenPost.ai

Morgan Stanley added about 1,302 Bitcoin (BTC) through its MSBT spot Bitcoin exchange-traded fund in a purchase worth more than $100 million, lifting the firm’s total holdings to 10,850 BTC.

The new total was valued at about $840 million.

The balance is 414 BTC above MSBT’s earlier 10,436 BTC balance.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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