This Bitcoin Fund Has Another $7 Billion of Untapped Value
Created By Fintech Team
The biggest Bitcoin fund in the world is going to appear in court
A $7.2 billion profit, which is hidden in the fund like sunken treasure and may potentially be accessed by anyone, is at risk in the conflict.
The Grayscale Bitcoin Trust GBTC -2.53% (ticker: GBTC) appears to offer the best price for Bitcoin BTCUSD +2.33%.
The fund's share price trades at a 47% discount to its $15.4 billion in Bitcoin holdings-based underlying net asset value, or NAV
Investors might earn an 87% gain if it were to trade up to its NAV without Bitcoin's price changing.
The discount is worth $7.2 billion at the token's latest pricing of roughly $23,700