Rex Stocks is an exchange-traded fund (ETF) provider with over $6 billion in assets under management (AUM) and he launched Bitcoin (AUM) (AUM) (AUM) (AUM) (AUM) (AUM) (BTC) Corporate Treasury Convertible Bonds (BMAX) ETF, which invests in the company’s convertible bonds through BTC Corporate Reserve Strategy.
According to the March 14 announcement, ETFs will buy Convertible instructions for companies such as strategies. Convertible notes are commercial paper that can be converted into equity at a predetermined interest rate if the investor chooses.
Typically, these convertible bonds are purchased by institutional investors, including pension funds, some of which specialize in convertible notes investments. Rex Financial CEO Greg King said:
“So far, these bonds have been difficult for individual investors to reach. BMAX eliminates these obstacles, making it easier for the strategy pioneered by Michael Saylor to use corporate debt to use Bitcoin as a fiscal asset.”
Invest in convertible bonds, ETFs and interests in strategies, companies such as Mara and Metaplanet, providing investors with Indirect exposure to Bitcoin This removes technical barriers and custom risks to direct BTC entry.
Strategy co-founder Michael Saylor popularized the company’s Bitcoin Treasury, and he talked about the advantages of BTC. source: COINTELEGRAPH
Related: Michael Saylor’s strategy raises up to $21b to buy more Bitcoin
Agent Bitcoin betting for strategic institutional investors
Institutional investors may lack the technical complexity of holding BTC directly, or have legal or trustworthy restrictions that prevent them from investing in digital assets.
At least 12 US Currently holding strategic stocks as part of its national pension fund and treasury. Overall, these states hold more than $271 million in strategic stocks using current market prices.
The list includes Arizona, California, Colorado, Florida, Illinois, Louisiana, Maryland, North Carolina, New Jersey, Texas, Utah and Wisconsin.
California’s state teacher retirement fund and its public employee retirement system hold $67.2 million and $62.8 million in strategic stocks, respectively.
Strategy to buy Bitcoin in 2025. Source: Saylortracker
according to SaylortrackerStrategy currently holds 499,096 BTC, worth over $41.4 billion, making the company one of the world’s largest corporate BTC holders – eclipsed Estimated 198,000 BTC.
Strategy Recent Bitcoin purchases It happened on February 24, when the company acquired 20,356 BTC for nearly $2 billion.
Magazine: “China’s Micro” Meitu sells all its Bitcoin and Ethereum: Asian Express