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Pantera Buys $140 Million Bitcoin

1 min read Original Link

The Pantera Bitcoin Fund has bought $137 million worth of bitcoin according to Matthew Gorham, its Chief Operating Officer.

141 accredited investors participated with a minimum investment of $50,000 each, down from $100,000.

The fund is a passive tracker of Bitcoin with an annual management fee of 0.75%, lower than many other bitcoin funds.

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