Grayscale Now Owns 3% Of All Bitcoin In Circulation

Grayscale has gobbled up 3% (!!!) of all BTC in circulation after their most recent purchase yesterday

After purchase of 16,244 BTC ($607 million) on 18 January, Grayscale recently became the biggest institutional buyer in the Bitcoin market. This development took place after a 15 January update from the firm, which revealed that Grayscale’s total assets under management were $27.1 billion in crypto.

The news reverberated throughout the digital asset space.

Master Asked on January 19, 2021 in Bitcoin.
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