Bitcoin Opportunity Fund is seeking to raise $100 million to address market turmoil
ChainCatcher news, the Bitcoin Opportunity Fund is seeking to raise $100 million to respond to the state of market turmoil, as the banking crisis has led to an increase in Bitcoin demand, but the rebound in Bitcoin is cooling off after the crisis has been resolved. The fund is led by six investors, including managing partners James Lavish and David Foley, and will invest in public and private companies related to Bitcoin. The team stated that its members have invested a significant portion of their net worth into the fund. (Bloomberg)