MicroStrategy’s Bitcoin Holdings And The Grayscale Bitcoin Trust Discount

microstrategy’s-bitcoin-holdings-and-the-grayscale-bitcoin-trust-discount

Shares of GBTC are trading below prices seen during the 2017 bull run and markets are repricing the level of risk of holding MicroStrategy equity. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain … Read more

Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low

canadian-bitcoin-etf-adds-6.9k-btc-in-one-day-as-gbtc-discount-hits-record-low

It’s a polarizing world in institutional Bitcoin offerings this week as Grayscale’s CEO remains convinced demand will return. Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler. According to data from on-chain monitoring resource Coinglass on May 13, the Grayscale Bitcoin Trust (GBTC) is now trading at … Read more