Business intelligence firm Greenpro has announced plans to create a Bitcoin investment fund.
The firm intends to raise as much as $100 million for the fund, and invest its own cash as well.
The plan resembles MicroStrategy’s earlier Bitcoin investment.
In the previous weeks, altcoins gained momentum while Bitcoin (BTC) was hovering against the psychological barrier at $12,000. After a few weeks of consolidation, the price of Bitcoin finally broke the resistance zone of $12,000.
Despite a sharp bitcoin (BTC) drop, nano (NANO) has increased by more than 40%, in the last 24 hours.
NANO is attempting to reclaim the $13 area and validate it as support. This would confirm that the trend is bullish and the token is heading for new highs.