GreenPro Capital jumps on plans to set up Bitcoin fund
28/12/2020 16:06
** Shares of cryptocurrency firm GRNQ.O are up 77.4% at
$2.27 in early trading as co says it intends to set up a Bitcoin
fund for investment urn:newsml:reuters.com:*:nACSsSW0wa
** Says the mass adoption of bitcoin by banks, hedge funds,
insurance companies and institutions makes it the world's most
widely adopted digital currency and a reliable future store of
value
** Co says it will use its subsidiary, CryptoSX to acquire
its stake in $BTC
** Separately, crypto-related co Marathon Patent Group
MARA.O soars 19.7% on entering a contract to purchase
Bitmain's 70,000 Antminer S-19 ASIC miners for $170 mln
urn:newsml:reuters.com:*:nL4N2J81R8
** GRNQ has risen 298% this year; Bitcoin BTC= has gained
275.18% YTD
(Reporting by Amal S in Bengaluru)
((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780;
outside U.S. +91 80 6749 3677;))