Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Grayscale Bitcoin Trust ETF GBTC

Grayscale Bitcoin Trust (the Trust) is an investment vehicle. The Trust's purpose is to hold Bitcoins, which are digital assets that are created and transmitted through the operations of the peer-to-peer Bitcoin network, a decentralized network of computers that operates on cryptographic protocols. Its investment objective is for the value of the shares (based on Bitcoin per Share) to reflect the value of Bitcoin held by the Trust, determined by reference to the Index Price, less the Trust's expenses and other liabilities. The Trust's activities include issuing Baskets in exchange for Bitcoins transferred to the Trust; transferring or selling Bitcoins, Incidental Rights and IR Virtual Currency; transferring Bitcoins in exchange for Baskets surrendered for redemption; causing the Sponsor to sell Bitcoins, Incidental Rights and IR Virtual Currency on the termination of the Trust; and making distributions of Incidental Rights and/or IR Virtual Currency or cash from the sale thereof.


ARCA:GBTC - Post by User

Grayscale Bitcoin Trust ETF > Bruce Kamich: Buffett and Munger on Bitcoin: Just Say No
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(1)
•••
Comment by PrivateWolfon May 05, 2022 8:13am
184 Views
Post# 34657890

RE:Bruce Kamich: Buffett and Munger on Bitcoin: Just Say No

RE:Bruce Kamich: Buffett and Munger on Bitcoin: Just Say NoMicroStrategy recently released a report and I wonder what Grayscale's report will be. Because MS's average BTC buy price = $42,000, the company will get a margin call on its BTC position if BTC falls to $21,000 and it could be an interesting event in the cryptocurrency world. I think MicroStrategy trading robots will never let bitcoin fall below $28-25k. Cryptodaily.se already wrote about how funds use trading bots in such cases, but it's also interesting that company's CFO urges investors not to worry if BTC falls to $21,000 and company gets MS because the company can easily raise funds for collateral in case of MS
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities