fbpx

Pantera Raises $134M for Its Bitcoin Fund

bit2Big > Bitcoin News > Pantera Raises $134M for Its Bitcoin Fund

Cryptocurrency firm Pantera Capital has raised $134 million for its bitcoin fund, according to a form D filing with the U.S. Securities and Exchange Commission.

Formed in 2013, the Pantera Bitcoin Fund Ltd. was the first U.S.-based bitcoin fund. In an investor letter at the end of 2017, Pantera boasted a 25,004% return on the fund, mainly due to the bitcoin bull run of that year.
Recently, CoinDesk discovered that Pantera’s venture funds hadn’t fared well in comparison to the S&P 500.
The venture funds Pantera Capital raised in August 2013 and August 2014 have returned 46.5% and 15.9% from their inception to September 2019, respectively.
Of course, that performance may have improved as of late due to bitcoin’s recent bull run. As of press time, the price of bitcoin has risen around 159% year to date.

Bit2Big

Bit2big offers global digital finance solutions based on blockchain, cryptocurrency investments and blockchain services.

With a presence in Switzerland, Nigeria, Rwanda and Uganda we are driving the adoption of blockchain technologies in the east and west Africa.

Transformative, empowering, progressive and integral. At Bit2big we believe in ownership, financial stability and having control over your future.

News

A Bitcoin ETF: What does it all mean?
October 19, 2021By
Jacobi Asset Management Wins Bitcoin ETF Approval in Guernsey
October 15, 2021By
Understanding the Flow of Money in Crypto – Part 1 of 3
October 15, 2021By

Recent Cases

Related Posts

Leave a Reply