Morgan Stanley has significantly expanded its Bitcoin holdings by nearly 1,000 BTC over the past two weeks, bringing its tracked balance to 5,761 BTC according to blockchain intelligence platform Arkham. The investment bank's latest purchases were executed through multiple large transfers from Coinbase Prime rather than a single transaction, with the firm now holding approximately $369.9 million worth of Bitcoin. As reported by Arkham, this accumulation occurred during a recent market pullback, demonstrating the bank's continued appetite for cryptocurrency exposure.
The accumulation involved several large inflows totaling approximately 1,000 BTC through Coinbase Prime wallets, including transfers of 495.8 BTC, 171.9 BTC, 166.2 BTC, 154.8 BTC, 143.3 BTC, 126.1 BTC, 120.4 BTC, and 34.4 BTC within the last 14 hours. According to Arkham's transaction history, the activity also included minor operational transfers and a 1 BTC movement back to Coinbase Prime, resulting in the firm's net increase of roughly 1,000 BTC. The platform classifies Morgan Stanley as a fund, exchange-traded product, and Bitcoin whale, linking the portfolio to 11 tracked wallet addresses.
The latest buying extends a pattern of Morgan Stanley adding exposure during price weakness, with Arkham describing the activity as another instance of the bank "buying the dip." However, the platform does not disclose whether these transactions represent direct purchases, client subscriptions, or other operational inflows into the investment vehicle. At current market prices, the firm's Bitcoin holdings are valued at nearly $370 million, positioning it among the larger institutional Bitcoin holders tracked by Arkham.
The recent accumulation follows Morgan Stanley Wealth Management's June announcement of expanded digital asset offerings through a referral arrangement with Galaxy Digital. Under this program, eligible high-net-worth clients can lend cryptocurrencies including Bitcoin, Ether, and Solana to Galaxy Digital and receive shares in spot crypto investment products, including the Morgan Stanley Bitcoin Trust. According to the companies, this structure allows investors to move crypto exposure into regulated investment vehicles without first selling their digital assets, with the arrangement potentially reducing in-kind crypto-to-exchange-traded product onboarding times by 75%.
