Grayscale Tells SEC Its Bitcoin Confidence Increased $ 1.6 Billion Over Six Months – Yahoo Finance

Grayscale Tells SEC Its Bitcoin Confidence Increased $ 1.6 Billion Over Six Months – Yahoo Finance

The total value of Grayscale’s flagship Bitcoin Trust (GBTC) has grown by over $ 1.6 billion in the first six months of 2020.

• The New York-based crypto investment firm said the dollar value of GBTC’s total assets rose from $ 1.87 billion at the end of 2019 to $ 3.5 billion at the end of the second quarter of 2020 , an increase of 90%.
• The disclosure came in a quarterly report filed with the…

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