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NYDIG forecasts assets under management to reach $25 billion

NYDIG forecasts assets under management to reach $25 billion

New York Digital Investment Group (NYDIG) expects that by the end of the current year the assets under management will rise from $6 billion to $25 billion. This statement was made by its founder Ross Stevens at the MicroStrategy World 2021 conference, according to The Block.

“I believe that the most important decision for corporate leaders in the coming decade will be to invest in Bitcoin,” he said.

Stevens said that none of the platform’s clients closed positions in the digital gold. According to him, NYDIG’s partners bought more Bitcoin in 2020 than in the period from 2013 to 2019.

“I expect purchases to increase in the next two years. We are engaged in capital allocation. If we did not believe we would earn money from this, we would not have invested a cent,” Stevens added.

Earlier in January, NYDIG CEO Robert Gutmann said that major investors in the cryptocurrency market are interested exclusively in Bitcoin.

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