Grayscale Bitcoin Trust, like the underlying Bitcoin, is prone to wild swings. Ultimately, it's a bet on Bitcoin, which is a speculative asset more than a real currency. On a chart, GBTC stock has ... No matter how simple Bitcoin may seem to those in the crypto community (and to those who use Exodus 😉), for someone who thinks logging into Facebook is a big deal, Bitcoin is hard! When comparing GBTC vs. Bitcoin, Bitcoin comes out ahead in terms of fees, price (no premium), and security (decentralization over centralized financial systems). Bitcoin Mining Definition. Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to Proof-of-Work and mining pools. more. Blockchain Explained. Grayscale Bitcoin Trust. Launched in 2013, the BIT is sponsored by Alternative Currency Asset Management (ACAM), a wholly-owned subsidiary of SecondMarket Holdings, Inc. and an affiliate of ... The current price of bitcoin is $16,694, which means a single share of the GBTC trust represents $1,534 worth of bitcoin at today’s price. However, the GBTC is currently trading at $2,611 per share.
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