The top-tier Bitcoin purchaser, Barry Silbert-related Grayscale, has bought another billion USD worth of BTC and other blockchain-based currencies.
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As of Friday, the company stores a total of $46.1 billion versus $45.1 billion it held a day earlier, according to its Twitter handle.
Earlier this week, U.Today reported that the company had purchased massive amounts of the currencies it had added to its holding recently – BAT, LINK, LPT, etc.
Grayscale has set up addition cryptocurrency trusts backed by these popular altcoins.
It has also bought large lumps of XLM, Litecoin and ETC.
Thu, 04/08/2021 - 14:20
Grayscale Acquires Huge Amounts of Recently Added Alts: BAT, MANA, LPT, FIL, LINK
Yuri MolchanThe big news that came from Grayscale this week is that the company intends to turn its Bitcoin-backed trust into an ETF based on Bitcoin.
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