Replies to post #25806 on Grayscale Bitcoin Trust (GBTC)

[FooBarAndGrill]

Sure. $GBTC is a trust backed by Bitcoin. Right now the stock price of $GBTC is less than the actual value of the Bitcoin backing it up.

Market Price per Share $32.06
Bitcoin price $47,300 *
Bitcoin per share 0.00092678 **
Bitcoin Holdings per Share $43.84
$GBTC Float 581,191,139 ***
DISCOUNT 27%

$GBTC


* https://coinmarketcap.com/currencies/bitcoin/
** https://grayscale.co/bitcoin-trust/
*** https://www.otcmarkets.com/stock/GBTC/security