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Wang Feng: Blue Harbour Interactive Prefers Grayscale Model Over Being a Cryptocurrency Treasury Company
Summary: In a post on X platform, Wang Feng, founder of Blue Harbour Interactive, stated that although he respects companies like MicroStrategy and Bitmine that venture into cryptocurrency stocks, Blue Harbour Interactive does not want to be a cryptocurrency treasury company. Wang wrote, 'I believe it is natural for a listed company to buy and sell ...
In a post on X platform, Wang Feng, founder of Blue Harbour Interactive, stated that although he respects companies like MicroStrategy and Bitmine that venture into cryptocurrency stocks, Blue Harbour Interactive does not want to be a cryptocurrency treasury company. Wang wrote, 'I believe it is natural for a listed company to buy and sell cryptocurrencies. We have included all cryptocurrency businesses in the LK Crypto business sector. I told the team that instead of being a company that continuously buys and shouts about stocks, it is not bad to steadily adopt the grayscale model.' Earlier reports indicated that Blue Harbour Interactive disclosed its cryptocurrency holdings and launched Ethereum and SOLANA staking plans.
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Link: Wang Feng: Blue Harbour Interactive Prefers Grayscale Model Over Being a Cryptocurrency Treasury Company [Copy]