Avenir Group Solidifies Position As Asia's Largest Bitcoin ETF Holder With $599 Million Stake

This story was originally published on HackerNoon at: https://hackernoon.com/avenir-group-solidifies-position-as-asias-largest-bitcoin-etf-holder-with-$599-million-stake.

This strategic move not only underscores Avenir's confidence in the future of digital assets but also marks a pivotal moment in its brand evolution and busines

Check more stories related to web3 at: https://hackernoon.com/c/web3.
You can also check exclusive content about #web3, #avenir-group, #chainwire, #press-release, #avenir-group-announcement, #bitcoin-etfs, #blackrock-bitcoin-etf, #good-company, and more.




This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page,
and for more stories, please visit hackernoon.com.





Hong Kong-based investment group Avenir Group has emerged as a major institutional player in the digital asset market. As of December 31, Avenir owns 11.3 million shares of BlackRock’s iShares Bitcoin Trust (IBIT), valued at approximately $599 million.