Grayscale Adds $1 Billion in Bitcoin In Merely 24 Hours

Grayscale Adds $1 Billion in Bitcoin In Merely 24 Hours

The top-tier Bitcoin purchaser, Barry Silbert-related Grayscale, has bought another billion USD worth of BTC and other blockchain-based currencies.

As of Friday, the company stores a total of $46.1 billion versus $45.1 billion it held a day earlier, according to its Twitter handle.

Article image
Image via Twitter

Earlier this week, U.Today reported that the company had purchased massive amounts of the currencies it had added to its holding recently – BAT, LINK, LPT, etc.

Grayscale has set up addition cryptocurrency trusts backed by these popular altcoins.

It has also bought large lumps of XLM, Litecoin and ETC.

Related

Grayscale Acquires Huge Amounts of Recently Added Alts: BAT, MANA, LPT, FIL, LINK

The big news that came from Grayscale this week is that the company intends to turn its Bitcoin-backed trust into an ETF based on Bitcoin.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

Grayscale Adds $1 Billion in Bitcoin In Merely 24 Hours

Grayscale Adds $1 Billion in Bitcoin In Merely 24 Hours

The top-tier Bitcoin purchaser, Barry Silbert-related Grayscale, has bought another billion USD worth of BTC and other blockchain-based currencies.

As of Friday, the company stores a total of $46.1 billion versus $45.1 billion it held a day earlier, according to its Twitter handle.

Article image
Image via Twitter

Earlier this week, U.Today reported that the company had purchased massive amounts of the currencies it had added to its holding recently – BAT, LINK, LPT, etc.

Grayscale has set up addition cryptocurrency trusts backed by these popular altcoins.

It has also bought large lumps of XLM, Litecoin and ETC.

Related

Grayscale Acquires Huge Amounts of Recently Added Alts: BAT, MANA, LPT, FIL, LINK

The big news that came from Grayscale this week is that the company intends to turn its Bitcoin-backed trust into an ETF based on Bitcoin.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

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