 | > Article except. Goldman Lampe Private Bank has purchased €120 million (roughly $137 million) worth of Bitcoin, the UAE-based institution announced Monday, timing the buy to coincide with a recent pullback in cryptocurrency markets. The Ras al Khaimah-headquartered bank said the acquisition strengthens its institutional Bitcoin holdings and reflects its conviction in digital assets as a long-term store of value. The move positions Goldman Lampe as one of the more aggressive institutional buyers to act on the current market downturn. [link] [comments] |
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