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Strategyone

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Strategyone

Re: QX4 post# 11730

Thursday, 02/15/2018 2:28:04 PM

Thursday, February 15, 2018 2:28:04 PM

Post# of 26496
Just curious... why if BTC hits 15K next week, do you think GBTC should go to 100% premium and a $30 share price?


I agree that they are both going up and occasionally, GBTC goes up at a stronger pace but the premium will still be held in check at some point in time. When the BTC price trend is up or going up as we go into a weekend, then I can justify a slightly higher premium for GBTC going into 2 or 3 days of markets being closed but I hope we don't go up to a 100% premium. That is a lot of risk for new buyers to take on (IMHO).

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