# Blockchain News 🚀

Trader T revealed on the X platform that hedge fund giant Millennium Management made significant adjustments to its crypto asset holdings in the second quarter. FBTC reduced its holdings by 14%, and now holds about $589 million; IBIT reduced its holdings by 48%, and now holds about $371 million; GBTC reduced its holdings by 52%, and now holds about $82 million.

Interestingly, the company has significantly increased its holdings in BITB and MSTR, up 71% and 8837% respectively. What do you think of this strategy adjustment? Welcome to discuss in the comments section!