Pantera Capital, a cryptocurrency investment house, said in a post that its Pantera Bitcoin Fund has risen more than 1,000-fold to date. The post-election surge in the US led to a further 30 per cent increase in the fund, which now has a lifetime return of 131,165 per cent - net of fees and expenses. The day Pantera Capital chose to launch the Pantera Bitcoin Fund was actually the lowest in the past eleven years. In 2013, Pantera bought 2 per cent of the world's bitcoin.
Furthermore, Pantera says that 95% of financial wealth does not involve blockchain. These institutions are only now beginning this huge shift. When they do, the bitcoin price could reach $740,000.
The Pantera Bitcoin Fund has risen more than 1,000 times to date
2024-11-26 14:34:24
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