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Bitcoin Fund Units Class A T.QBTC

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 an alternative to a direct investment in bitcoin.


TSX:QBTC - Post by User

Post by Moogulon Jan 08, 2021 3:17pm
188 Views
Post# 32256040

BTC > MINORS

BTC > MINORSI think direct investment in BtC is going to be a lot more lucrative then BtC minors mid-longterm. There is basically zero barriers to entry in btc mining and their technology is constantly getting outdated (needing upgrades to compete). Sure there will be money to be made shorterm in a frothy market but leave it to private equity. BTC is so scarce it's much safer to just buy and hold btc directly or indirectly through one of the BTC trusts (GBTC, QBTC, BTCG) 
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