NEW YORK–(BUSINESS WIRE)–#bitcoin–PCS Research Group is pleased to announce that Murray Stahl is launching “The Cryptocurrency Compendium Compilation” an institutional research service focused exclusively on the cryptocurrency space.

Murray Stahl has published cryptocurrency research to institutional investors for seven years and his firm, Horizon Asset Management, is one of the earliest and largest institutional investors in the space. Given the lack of institutional-quality research in the crypto space, Horizon is now compiling Murray’s cryptocurrency commentary and analysis into a quarterly research report, finally giving fund managers a reliable source for institutional-grade analysis from the leading source in the space.

“A world in which cryptocurrency is an accepted medium of exchange is a very different world than the one in which indexation has hitherto operated,” said Murray in February 2021. “It might be a higher interest rate world. It might be a challenge to large capitalization, centralized business models. More importantly, the pace of change will be more rapid than ever before in the history of civilization.”

Murray’s recent analysis includes topics such as corporate purchases of Bitcoin, smart contracts and the blockchain challenging large technology companies, Bitcoin versus gold as an inflation hedge, cryptocurrency as an alternative to fiat currencies, the unlikely outlawing of Bitcoin, implications for equity valuations and perhaps the least understood component of the crypto ecosystem – the essentials of mining.

Horizon Kinetics is a New York based investment manager and has published research services to institutional investors since it was founded in 1994. These research services include The Contrarian Research Report, The Devil’s Advocate Report, The Stahl Report, The European Contrarian, and the Fixed Income Contrarian.

For more information on the Cryptocurrency Compendium Compilation or to receive the latest edition at no cost, please contact Richard Albanese at PCS Research Group, the exclusive marketing partner of Horizon Kinetics research. He can be reached at +1-646-839-5566 or

About PCS Research Group

Since 1982, PCS Research Group has specialized in providing unique, niche-focused research focused in areas of the financial markets that are ignored or misunderstood by traditional sources of investment research. It is within these areas that PCS adds value for its clients by partnering with a roster of research originators selected for their abilities in specific areas of the market that often exhibit inefficiencies. Samples reports from each service are available at


Richard Albanese