Grayscale Bitcoin Trust Is Still Destroying Gold, And Pretty Much Everything Else
Institutional investment product Grayscale Bitcoin Trust (GBTC) has exploded by more than 300% since its recent low on February 6, 2019, in spite of taking a big hit today. The over-the-counter security backed by bitcoin at the Grayscale investment firm is trading at about $14 a share, up from about $3.84 in February, according to Stock Charts numbers.