Canada markets open in 16 minutes
  • S&P/TSX

    21,125.90
    -487.30 (-2.25%)
     
  • S&P 500

    4,594.62
    -106.84 (-2.27%)
     
  • DOW

    34,899.34
    -905.06 (-2.53%)
     
  • CAD/USD

    0.7851
    +0.0031 (+0.39%)
     
  • CRUDE OIL

    72.43
    +4.28 (+6.28%)
     
  • BTC-CAD

    72,959.19
    +3,413.22 (+4.91%)
     
  • CMC Crypto 200

    1,437.49
    -17.92 (-1.23%)
     
  • GOLD FUTURES

    1,789.10
    +1.00 (+0.06%)
     
  • RUSSELL 2000

    2,245.94
    -85.52 (-3.67%)
     
  • 10-Yr Bond

    1.5570
    +0.0750 (+5.06%)
     
  • NASDAQ futures

    16,249.25
    +198.25 (+1.24%)
     
  • VOLATILITY

    24.37
    +5.79 (+31.16%)
     
  • FTSE

    7,151.08
    +107.05 (+1.52%)
     
  • NIKKEI 225

    28,283.92
    -467.70 (-1.63%)
     
  • CAD/EUR

    0.6965
    +0.0060 (+0.87%)
     

GoldenTree Adds Bitcoin to Its Balance Sheet: Report

  • Oops!
    Something went wrong.
    Please try again later.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

GoldenTree Asset Management, a New York-based with $45 billion under management, has been adding an undisclosed amount of bitcoin to its balance sheet, according a report by The Street, which cited two unnamed sources.

  • With the purchase, the credit-focused firm company has become the latest Wall Street firm to become involved in the largest cryptocurrency by market value.

  • GoldenTree, which is run by founder and Chief Investment Officer Steven Tananbaum, is considering hiring experts in cryptocurrency investments as it turns its attention to the industry, the report said.

Related Stories

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting