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Grayscale Investments Adds $180 Million Worth Of Bitcoin To The Firm's Holdings
Summary: Grayscale Investments has increased the assets under management in Bitcoin Trust by over $180 million this past week, data from Bybt shows. Grayscale is often used as an indicator of institutional interest in Bitcoin — a topic which has grown increasingly relevant over recent weeks after business intelligence firm Microstrategy made the digital asset its primary ...
Grayscale Investments has increased the assets under management in Bitcoin Trust by over $180 million this past week, data from Bybt shows.
Grayscale is often used as an indicator of institutional interest in Bitcoin — a topic which has grown increasingly relevant over recent weeks after business intelligence firm Microstrategy made the digital asset its primary reserve asset.
Over the past week, Grayscale has added 17,100 Bitcoin to its Bitcoin Trust bringing the company's total holdings value to about $4.9 billion at current prices. Grayscale owns about 2.4% of Bitcoin's total supply which currently stands at 18,502,381, according to CoinMarketCap.
By Emily Mason
Tags: Bitcoin,BTC,Grayscale,Grayscale Investments
Link: Grayscale Investments Adds $180 Million Worth Of Bitcoin To The Firm's Holdings [Copy]
