Bitwise was downsized by 14 per cent and the number of employees decreased to approximately 155

On 12 August, according to Bloomberg, the encrypted asset management company Bitwise had been downsized by approximately 14 per cent and its staff reduced from about 180 to 155. Its CEO Hunter Horsley stated that, even after the downsizing, Bitwise ' s workforce remained the largest in its eight-year history and that it was expected that the company would continue to grow as it was encrypted into the global economy。