Data: Pantera Bitcoin Fund Up Over 1,000 Times So Far
Cryptocurrency investor Pantera Capital has announced that its Pantera Bitcoin Fund has risen more than 1,000 times to date, with a current lifetime return of 131,165 per cent after fees and expenses.
In 2013, Pantera purchased 2 percent of the world's bitcoin. 95 percent of financial wealth is not involved in blockchain, Pantera said. These institutions are just now beginning this huge shift. When they do, the price of bitcoin could reach $740,000.
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
Easing inflation could ignite another BTC rally: 10x Research
10x Research’s Markus Thielen sees a “real possibility” of a lower CPI print in the US on Feb. 12, which could defy consensus expectations and trigger a Bitcoin rally.
TON integrates with interoperability protocol LayerZero
Uniswap Labs announces mainnet launch for L2 network Unichain
Trending news
MoreCrypto prices
More
