Yes, I have read the correct title because this is exactly how Shamson MoToday, Bitcoin Bull and the “Million BTC” lawyer, today, responded to a query regarding its “perhaps more than necessary” expectations on the price of the leading cryptocurrency. What prompted the CEO of JAN3 to such assumptions is the news that big money is moving in Bitcoin (BTC).
It has started with Millennium Management, a major hedge box, which now owns $ 2.6 billion in investment funds circulating in Bitcoin. The largest chip? Blackrock’s ISHARES Bitcoin Trust (Ibit), with more than $ 844 million, followed by a large number of $ 806 million in Bitcoin Etf from Fidelity.
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Then there is Brevan Howard – $ 1.38 billion in Bitcoin Holdings, many of which were traded from the United Arab Emirates, where encryption financing is gained seriously.
Goldman Sachs does not sit. Bitcoin ETF’s holdings rose to $ 1.58 billion. Abu Dhabi’s sovereign wealth fund? They have revealed Bitcoin ETF investments worth $ 436 million, most of which are in Sport Bitcoin Etf.
But the real eyes? Jin Street Group. Nearly 30,000 Bitcoin has accumulated through the traded investment funds – about $ 2.8 billion – exceeding Goldman Sachs, which holds about 25,000 BTC.
Shamson Mo, January 3 and Bitkeen
For MoW, this is not only related to institutional adoption. It is a transformation, and it is an affirmation that the place of Bitcoin in global financing enhances itself faster than expected. More companies enter, more capital flow, and for him, the track is clear: up.
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While the MW’s Bitcoin Holdings is unknown, its own company has recently bought 12 BTC to achieve its balance and can already boast about 15 %, which is $ 150,000 in only one month. The money came after the recent financing round, which saw that the company attracts $ 5 million to develop its services and products that focus on Bitcoin, such as Aqua Wallet, for example.
One may say that it is not much, but this is the sincere work of one of the most vocal bitcoin supporters in space.
