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Formidable Asset Management Reveals It Owns 28,182 Shares Of Grayscale Bitcoin Trust

Emily Mason

Summary: Cincinnati based asset management firm Formidable Asset Management reported owning 28,182 shares of Grayscale Bitcoin Trust, according to a recent filing with the Securities and Exchange Commission. The news comes as institutional players have become more interested in investing in Bitcoin as stimulus packages during the coronavirus pandemic have sparked fears about inflation. Last year ...

Cincinnati based asset management firm Formidable Asset Management reported owning 28,182 shares of Grayscale Bitcoin Trust, according to a recent filing with the Securities and Exchange Commission.

The news comes as institutional players have become more interested in investing in Bitcoin as stimulus packages during the coronavirus pandemic have sparked fears about inflation. Last year MicroStrategy, Square and PayPal all embraced investing in crypto assets or offering crypto services.

By Emily Mason

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