Which Altcoins has the Billion Dollar Company invested in?

Which Altcoins has the Billion Dollar Company invested in?

06/08/2020

Pantera, the CEO of an investment firm and hedge fund focusing on cryptocurrencies, announced the venture company's position in Bitcoin (BTC) and altcoin.

In a recent interview with Thinking Crypto, Dan Morehead stated that the company's largest configuration is Bitcoin, followed by Ethereum. Morehead then listed Polkadot, Filecoin, Augur, and 0x as altcoins for other investments.

Bitcoin (BTC) will rise to $ 115,000.

Pantera manages a total of $ 600 million in cryptocurrency assets, and the CEO said the company is investing in equity funds.

Despite the boom in the bull and bear markets, Morehead believes Bitcoin will continue to grow and said that Bitcoin is growing more than 200% annually on average.

Based on his company's analysis of the first half of the stock flow, Morehead estimates that Bitcoin will reach $ 115,000 by August next year. While the CEO warned that Bitcoin has a 50% chance of this increase in 12 months, he declared it "absolutely possible".

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