Guggenheim – Page 2

Guggenheim Investments: Bitcoin Is Worth $400,000 Based on Scarcity, Relative Valuation to Gold

December 18, 2020 by DIGIT

Guggenheim Investments, an asset management firm with over $230 billion under management, has valued bitcoin at $400,000 based on fundamental analysis. Guggenheim wanted to invest in bitcoin when the price of the cryptocurrency was at the $10,000 level. The company is currently waiting for approval from the U.S. Securities and Exchange Commission (SEC) to start … Read more

Guggenheim Partners prepares to dip investment fund’s toes into Bitcoin

November 29, 2020 by DIGIT

The $275 billion company has filed an SEC amendment to allocate over $500 million from the Macro Opportunities fund to Grayscale’s GBTC Go to Source Powered by WPeMatico

Square’s Big Week: Crypto Patent, Shares Leap and Lightning Plug

August 30, 2018 by DIGIT

Smartphone app payments company Square has had a pretty big week. It was revealed the company is further dipping its toes in the cryptosphere through a granted payments patent, and it’s causing quite a stir. Wall Street analysts have deemed the company a golden goose, thereby helping its stock price jump by 6%, and it’s … Read more