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Spending US$500 billion, Qatar's "national team" invested heavily in Bitcoin?
Original author: Lorna Blount, CoinDesk
Original compilation: Frank, Foresight News
Recently, rumors about Qatar’s sovereign wealth fund investing heavily in Bitcoin have surfaced again.
At the important juncture when Bitcoin broke through the historical high of $69,000, on-chain analysts noticed a new address holding more than 50,000 Bitcoins (valued at more than $3.5 billion). Since the address has been buying and selling multiple times a day for several weeks, He deposited 100 Bitcoins, so he was nicknamed "Mr 100".
Many have speculated that this could be Qatar seeking to diversify its sovereign wealth fund portfolio, a mysterious billionaire, or a bank accumulating BTC in advance as it plans to launch a spot Bitcoin ETF.
Original compilation: Frank, Foresight News
Recently, rumors about Qatar’s sovereign wealth fund investing heavily in Bitcoin have surfaced again.
At the important juncture when Bitcoin broke through the historical high of $69,000, on-chain analysts noticed a new address holding more than 50,000 Bitcoins (valued at more than $3.5 billion). Since the address has been buying and selling multiple times a day for several weeks, He deposited 100 Bitcoins, so he was nicknamed "Mr 100".
Many have speculated that this could be Qatar seeking to diversify its sovereign wealth fund portfolio, a mysterious billionaire, or a bank accumulating BTC in advance as it plans to launch a spot Bitcoin ETF.
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