Crypto Biz: Wealthy investors are buying crypto, but their advisers aren’t sold
Summary
A CoinShares survey of 2,230 affluent investors across seven countries found that most own digital assets, averaging about 10% of portfolios; many plan to raise exposure in 2026, while some say advisers are too cautious. Delphi Digital warned that Treasury yields above 5% could constrain Bitcoin’s rally, despite its 43% third-quarter gain; weak US jobs data lowered expectations of another rate hike. OKX extended its funding round at a $25 billion valuation, with undisclosed new investment. Strategy spent $176.3 million buying back STRC preferred shares last week, versus $28.7 million on 334 Bitcoin, bringing its holdings to 848,000 BTC. It also proposed moving several preferred-stock dividends to daily payments, pending a shareholder vote.
