Morgan Stanley Surpasses 10k BTC through MSBT Spot ETF

Morgan Stanley has significantly boosted its Bitcoin holdings through its spot ETF, MSBT. The investment bank now holds approximately 10,436 BTC, a value of about $875 million after continuous purchases last week.

This milestone marks the first time Morgan Stanley's Bitcoin holdings have surpassed 10,000 BTC. The firm had previously exceeded 9,000 BTC and has been steadily increasing its position through MSBT. The spot ETF allows investors to buy and hold Bitcoin directly within their brokerage accounts.