So the Grayscale BTC trust fund was started in 2013, BTC's price went from $13 to $1100 that year. How much was their initial investment ?
In 2020, Grayscale accumulated over 17,000 bTC in 7 days, according to Michael Saylor, " they traded for continuous 72hrs, excuting over 88,000 trades." So if they were earning, 0.19 btc per minute, How Much BTC have they accumulated undercover ?
At the peak of BTC in 2021, Grayscales assets accumulated to over $20 billion when $BTC was at $52000. Let's fast forward to 2024, why is Grayscales assets still around $20billion, if they've been accumulating and trading their $BTC ? In my opinion, they have way more btc assets than they say they have.
Look when these articles were published...
#Write2Earn #TrendingTopic #BTC #GrayscaleBitcoinTrust #CryptoCrisis