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
Hyperliquid has launched the HYPE/USDH spot trading pair.
The Hong Kong SAR government plans to connect the upcoming third batch of tokenized bonds with CBDC.
USDH issuer Native Markets: 200,000 HYPE have been staked and locked for 3 years
Hyperdrive suspected of being attacked, with losses of approximately $700,000
Trending news
MoreCrypto prices
More
