When many banks in Europe and the United States have closed down recently, and investors have lost confidence in the banking system, the decentralized Bitcoin has become the target of everyone’s pursuit. The price has soared from below 20,000 to 28,400, and the increase has reached 60% so far this year. above.
Michael Saylor, the founder of MicroStrategy, who is famous for buying Bitcoin, has been tweeting, praising Bitcoin’s excellent performance compared to other investment assets in recent years.
And the more than 130,000 bitcoins held by MicroStrategy are getting closer and closer to its cost of more than 30,000!
Ark sold GBTC
However, Ark Invest, which has been buying bottoms before, reversely reduced its holdings of the Grayscale Bitcoin Fund GBTC. According to statistics from arktrace, since February this year, Ark has reduced its holdings of 296,694 shares of GBTC, worth about 4.57 million US dollars, but still holds About 5.47 million shares. It is speculated that the price of the currency has risen recently, and there seems to be a glimmer of hope in the hearing of the Grayscale transformation ETF , which led to the narrowing of the discount of GBTC from 50% to 36.87%.
