🚀 Brevan Howard Digital Launches New Unit for Crypto Treasuries! 🚀
Brevan Howard Digital, the crypto arm of Brevan Howard Asset Management, has unveiled BH Digital Solutions, a new unit designed to boost returns for companies holding crypto as reserve assets. Led by Chris Rayner-Cook, ex-Coinbase, the unit will initially focus on blockchain and crypto mining firms.
Key Highlights:
- BH Digital manages $2.3B with a 20% asset increase in H1 2024.
- CEO Gautam Sharma calls the new unit a "natural extension" amid growing institutional interest.
- Over 90 companies globally hold Bitcoin, with MicroStrategy leading at 226,330 BTC.
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