Grayscale Bitcoin Trust…Motley Fools Kept It Real

I recently came across an article on Motely Fools titled,

Is Grayscale Bitcoin Trust a Buy?

I’m so glad Motley Fools kept it real.

GBTC is a trust which buys and holds bitcoin and doesn’t hold any other asset. The trust was initially launched as a 506 (c) private placement in September 2013 and is managed by Grayscale Investments.

NOTE: A trust (an investment trust) is a company that owns a fixed amount of a given asset (like gold or bitcoin). Investors pool money and buy shares of the trust, owning contracts that represent ownership of the asset held by the trust.

Although many in

Fire Rake

Tending the fire..



Categoryfirephotography
Camera ~ LensNikon D3400 DSLR ~ 18-55 mm
LocationAustralia

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