Extended Summary
SS&C Technologies Holdings
Central banks holdings of foreign exchange reserves in all currencies, and expressed in USD, rose to $13.0 trillion in Q3. They added a little to their holdings. But they added more assets denominated in other currencies. SS&C ended the second quarter with $480 million in cash and cash equivalents and $6.9 billion in gross debt. SS&Cs net debt was $6.4 billion, and our last 12 months consolidated EBITDA was $2.4 billion. US gold reserves are now at 90-year lows, while the rest of the world has pushed their holdings to near 50- Fannie and Freddie ballooned their combined holdings to more than $1.5 trillion as a way to juice earnings, by borrowing heavily at low interest rates and plowing the money into high-yield debt and increasingly risky assets. Since the peak in the December 2023 quarter, holdings of Japanese government securities have dropped. Michael Saylors Strategy bought 1,286 BTC for $116,783 BTC, raising its Bitcoin holdings to 673 U.S. Strategy, the largest corporate BTC holder, reinforced its long-term commitment to the asset with another significant purchase, bringing its total holdings to 673,783 BTC. Asset management firm Strive announced it had acquired 101.8 BTC in late December. BitMine Immersion Technologies added 32,977 ETH valued around $104 million. Colorado-based firm, which maintains a Bitcoin treasury, finished the year with 18,005 BTC in holdings valued around $1.65 billion.