A new survey shows most wealthy investors own crypto, while OKX gets fresh funding and Strategy shifts money toward stock buybacks.
Image source: CoinTelegraph
Wealthy people around the world are buying crypto faster than their financial advisers are comfortable with. A fresh survey, plus big moves from two major crypto companies, shows the industry is still pulling in serious money — even in a tough market.
The rich are already in crypto
A survey by CoinShares (a crypto investment firm) asked 2,230 wealthy investors — people with at least $500,000 to invest — across seven countries about their crypto holdings. The results:
Bitcoin's strong run meets resistance
Bitcoin just finished its best third quarter (July–September) since 2017, rising 43%. But experts warn the rally could stall. The reason: US Treasury yields (the interest the government pays people who lend it money) are above 5% — a safe return that tempts investors away from risky assets like crypto. Bitcoin recently hit above $87,000 before slipping back below $83,000.
Two big company moves
This is an AI-generated summary. Read the original article at: https://cointelegraph.com/news/wealthy-investors-crypto-advisers-okx-strategy-buybacks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound