UAE private bank Goldman Lampe increases Bitcoin holdings by €120 million

Odaily Planet Daily News: UAE private bank Goldman Lampe Private Bank announced that it has purchased approximately €120 million worth of Bitcoin (BTC) during the recent crypto market correction, further expanding its digital asset holdings. The bank had previously launched a cryptocurrency fixed deposit product. Its board chairman, Abdullah Hamad Al Shamsi, stated that this market correction provides an opportunity for institutions to increase their digital asset allocation, and Bitcoin will continue to demonstrate its resilience as a store of value and strategic asset. (Globenewswire)