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Bitcoin Investment Trust(GBTC)

Description: Bitcoin Investment Trust is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT's sponsor is Grayscale Investments, a wholly-owned subsidiary of Digital Currency Group.Each BIT share represented ownership of 0.1 bitcoins initially. The trust will not generate any income and regularly sells/distributes bitcoins to pay for its ongoing expenses. Therefore, the amount of bitcoin represented by each share gradually declines over time.


Keywords: Bitcoin Digital Currencies digital currency Alternative Currencies Financial Cryptography Digital Currency Group

Home Page: grayscale.co/bitcoin-investment-trust/#ove

636 Avenue Of The Americas 3 Floor,
New York, NY 10011
United States
Phone: 2128251768


Officers

Name Title
Mr. Barry Edward Silbert Portfolio Mang.
Mr. Simcha Wurtzel Portfolio Mang.

Exchange: OTCQX

Country: US

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 0
Price-to-Sales TTM: 0
IPO Date:
Fiscal Year End: December
Full Time Employees: 0
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