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Bitcoin Fund Units Class A T.QBTC

Technology
The Bitcoin Fund (the Fund) is a Canada-based closed-ended investment fund. The investment objectives of the Fund are to seek to provide unitholders of the Fund with exposure to the digital asset bitcoin (bitcoin) and the daily price movements of the United States dollar price of bitcoin, and the opportunity for long-term capital appreciation. The Fund invests in long-term holdings of bitcoin, purchased from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, safer alternative to a direct investment in bitcoin.


TSX:QBTC - Post by User

Bitcoin Fund Units Class A
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Post by indoubtgetouton Sep 29, 2020 12:56pm
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Post# 31635597

20% overvalued!! DO NOT BUY OVER NAV!

20% overvalued!! DO NOT BUY OVER NAV!https://3iq.ca/the-bitcoin-fund/

Current NAV is $12.40 so buying at $15.15 put it at 22% overvaluation.   DO NOT buy this or any closed end fund at such overvalution to Net Asset Value (NAV).  YOU WILL LOSE MONEY.   SELL...GTFO!

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