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Bullboard - Stock Discussion Forum Voyager Digital Ltd VYGVQ

Financial Services

GREY:VYGVQ - Post Discussion

Voyager Digital Ltd > AUM is leveraged to Price of Bitcoin
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Post by nozzpack on Feb 10, 2021 8:19am

AUM is leveraged to Price of Bitcoin

Assets under management (AUM) is the total market value of the investments that an entity manages on behalf of clients.  In the calculation of AUM,this include deposits of bitcoin postions and cash in the calculations.

For example, on February 4 when Voyager announced an AUM of $800 million US, Bitcoin was valued at $37,000 US.

Currently, Bitcoin is valued at $46,000 US which is a 25 % increase in the bitcoin value in the AUM.

This will move the AUM up significantly to near $1 billion, even without adding more accounts.

Likewise, revenues will also increase....
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