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Grayscale Bitcoin Trust (BTC) (GBTC_OLD)

OTC Markets
Currency in USD
Disclaimer
40.35
0.00(0.00%)
Delayed Data

GBTC_OLD Comments

diacount is expanding again:(
it was $8 got to 10 last week now 9ish. My guess is that Grayscale will accumulate GBTC then transfer the underlying shares to the newly created etf only when they are the substantiall shareholder. That way they will get a big payout on liquidation. Look what happened to DGAZ when that fund manager closed out.
Right now the share price is $50. I calculate, based on yesterday's BTC per share value and a current value of $58551 per BTC, that the fund currently holds $55.36 of BTC per share.
Oh, I get it now, you're just miscalculating. It wasn't $9 at any point yesterday. If you look Grayscale's website you'll see at yesterday's close there was 0.00094555 bitcoin per share. The day closed at $49.45 per share, with $53.89 of BTC held.
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