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You are correct. No major institutions have publicly disclosed an investment in Bitcoin, and many are legally restricted from doing so. However, I think that
by cwkoss 9y ago
You are correct. No major institutions have publicly disclosed an investment in Bitcoin, and many are legally restricted from doing so.
However, I think that market speculators, particularly hedge funds, would strongly consider opening positions in Bitcoin below $5k in hopes of a many-fold return on investment. It is high risk, but in a diversified portfolio Bitcoin may be attractive in our current market climate where the market is so overbought.