Grayscale gobbling up BTC left and right

19 June 2020 Shares outstanding: 384,055,300 Bitcoin per share: 0.00096038 Bitcoin held by Greyscale: 368,839

22 June 2020 Shares outstanding: 391,124,600 Bitcoin per share: 0.00096017 Bitcoin held by Greyscale: 375,546

Yesterday, institutional investors piled into Bitcoin through GBTC as their demand led to the purchase of 6,707 BTC by Greyscale, worth approximately $65 million as of today. Ssh, they're coming.



Submitted June 23, 2020 at 10:49PM by CryBTC https://ift.tt/2BD1gp9

Comments

Post a Comment

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

https://preview.redd.it/vli0ofqwf6w71.jpg?width=3840&format=pjpg&auto=webp&s=2a704c47375637858c27216379ae8313dadf8be8 This could be a long read. Kindly bear with me. I write this primarily in response to the TechSpot article from yesterday ( r/technology mods told me they only allow “ mainstream articles with editorial oversight and fact-checking ” so I'm sharing this here). But I’d also like to take this opportunity to write about Bitcoin more broadly as someone who has been following it for more than a decade and I’ll try to do so without complicating the conversation for anyone unfamiliar with Bitcoin. The TechSpot article cites a non-peer-reviewed National Bureau of Economic Research (NBER) working paper from Igor Makarov and Antoinette Schoar. NBER claims to be non-partisan but it is a private NPO funded by the likes of Bill Gates foundation . The chairman of NBER, Karen Horn, is a former president of the Federal Reserve Bank of Cleveland and Head of Int...
Read more