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GoldenTree reportedly added BTC to its balance sheet

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TheStreet reported that the New York management company GoldenTree Asset Management added an unnamed amount of BTC to its balance sheet. The portal was to be confirmed by two unnamed sources from its environment.

Wall Street, GoldenTree, which manages more than $ 45 billion in capital, has reportedly become another in line to see the potential in investing in BTC. However, the company has not yet confirmed this news, although a request for confirmation of this information was sent to it by several cryptocurrency media. As a non-publicly traded company, this does not oblige it to notify the shareholders of this purchase.

The founder and current CEO of GoldenTree is Steven Tanabaum, who, according to the Coindesk portal, is currently looking for experts in the cryptocurrency sector to evaluate the correctness of further potential investments in this segment.

Other executives Deebo Selem and Joseph Naggar also invested in Borderless Capital this month, which helped launch an acceleration program for cryptocurrency Algorand. They also participated in the financing round of Securitize, which cooperates with the Coinbase exchange.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.
BlackRock (IBIT), the Grayscale Bitcoin Trust (GBTC), Fidelity (FBTC), Ark Invest/21Shares (ARKB), Bitwise (BITB), Franklin (EZBC), Invesco/Galaxy (BTCO), VanEck (HODL), Valkyrie (BRRR), WisdomTree (BTCW), Hashdex (DEFI)

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