The Pomp Letter
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Grayscale's GBTC Hits All-Time High
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Grayscale's GBTC Hits All-Time High

To investors,

The Grayscale Bitcoin Trust (GBTC) hit an all-time high today on the market open. The previous high was $18 on March 2nd of 2018. At the moment, the ticker is trading at $18.12.

I figured this would be a good time to breakdown the Grayscale business, along with explain why this specific fund has been an integral part of the Bitcoin adoption…

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