Bitcoin’s wealthy holders turning to loans and yield as investment habits mature: Xapo CEO
Summary
Long-term investors holding large amounts of bitcoin are increasingly using loans and yield-generating strategies. According to the chief executive of Xapo Bank, these wealthy holders are shifting their focus as their investment approaches mature.
Borrowing against bitcoin and earning income to build their BTC holdings are becoming priorities for long-term investors, Xapo Bank CEO Seamus Rocca told CoinDesk.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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