A $10B Firm Makes Bitcoin Its Primary Treasury Asset

<p><span style="font-weight: 400;">Today on the Brief: </span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Bitcoin hashrate at all-time highs</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Record number of large companies lose money during the pandemic</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">JPMorgan releases research note on bitcoin</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: Stone Ridge Holdings Group discloses $114 million in bitcoin treasury assets. </span></p> <p><span style="font-weight: 400;">NLW digs into what Stone Ridge is, why it spun off New York Digital Investments Group (NYDIG) and how the company has quietly built itself into a serious player in the institutional crypto asset space. </span></p> <p> </p>