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RE: It looks like we will hit 10 000 USD on BTC soon.

in #bitcoin • 7 years ago (edited)

It's worth taking into account that GBTC is sold at a gigantic premium and also includes the forked Bitcoin Cash in an equal amount to the BTC it is backed by. GBTC is traded at about double its NAV to account for a perceived reduction in risk. The NAV of one share is still about $500 USD, not $1000.

7 years ago in #bitcoin by
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