Grayscale Bitcoin Investment Trust has made its shares vastly more accessible through its decision to split each one into 91 parts. This has resulted in a surge in price at the start of the week as investors take advantage of the increased affordability.
More affordable, more accessible and reduced risk
Grayscale Bitcoin Investment Trust (GBTC) owns 0.09 bitcoin for each one of its shares, with its value seeking to imitate that of bitcoin’s. The stock was trading over $1,000 before the split took place in January 2018, and sold for $18 each
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