A $10B Firm Makes Bitcoin Its Primary Treasury Asset
A $10B Firm Makes Bitcoin Its Primary Treasury Asset
Stone Ridge Holdings Group announces $50 million in new funding for its digital asset subsidiary as well as significant BTC treasury holdings. This episode is sponsored by Crypto.com , Nexo.io and Elliptic . Today on the Brief: Bitcoin hashrate at all-time highs Record number of large companies lose money during the pandemic JPMorgan releases research note on bitcoin Our main discussion: Stone Ridge Holdings Group discloses $114 million in bitcoin treasury assets. NLW digs into what Stone Ridge is, why it spun off New York Digital Investments Group (NYDIG) and how the company has quietly built itself into a serious player in the institutional crypto asset space. Subscribe to Blockchain Bites , our daily update with the latest stories. Subscribe By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts , Spotify , Pocketcasts , Google Podcasts , Castbox , Stitcher , RadioPublica , iHeartRadio or RSS . Read more about… Bitcoin Podcasts The Breakdown Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies . CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups .
