Morgan Stanley Bitcoin Trust Holdings Reach $903.86 Million, Nearing $1 Billion Milestone
Morgan Stanley's Bitcoin Trust (MSBT) has expanded its holdings to an estimated 10,519 BTC valued at approximately $903.86 million, placing the fund less than $100 million away from the $1 billion milestone. The latest on-chain wallet tracking reflects an 83 BTC increase from prior tracked figures of 10,436 BTC. This growth marks a substantial rise from the fund's formal regulatory filing as of June 30, which reported 5,059.30771216 BTC worth $299,012,624. The fund launched operations on April 7 and began trading on NYSE Arca on April 8.