Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Price History  |  Ratios  |  Insiders

Purpose Bitcoin ETF T.BTCC

Alternate Symbol(s):  PBECF | T.BTCC.B | PRBEF | T.BTCC.U | PPBCF | T.BTCC.J

Purpose Bitcoin ETF is an exchange traded fund launched and managed by Purpose Investments Inc. The fund invests in currency markets. It seeks to invest in Bitcoin. The fund uses derivatives such as forwards to create its portfolio. Purpose Bitcoin ETF was formed on February 18, 2021 and is domiciled in Canada.


TSX:BTCC - Post by User

Purpose Bitcoin ETF
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(19)
•••
  • BlueGuitar1X
Post by BlueGuitar1on Mar 14, 2024 12:20am
285 Views
Post# 35931934

BTC News Mar 14

BTC News Mar 14Microstrategy closes USD$800 Million in convertible notes and raising another USD$500 Million.
Of course this is to buy BTC.

Coinbase raises USD $1 Billion to also buy BTC.

Looks like Microstrategy does not want to be out done by Blackrock!

Food for thought:
Blackrock owns 7% of Microstrategy.
Blackrock owns 4.36% of Coinbase
Blackrock owns 6.42% of Marathon (a BTC miner)
Vanguard owns more shares of Blackrock than Blackrock yet Vanguard didn't want any BTC ETFs.

Based on these numbers, the price of BTC is not going to stop. 
By Friday, we might see USD $75,000 and BTCC could  reach $15- $16 per share. 
I am now thinking that we can hit USD $250,000 for BTC by end of year.
I am still DCAing. 

Good luck everyone. 



<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities