View Bitcoin Investment Trust Financial Statements Pics. For the three and nine months ended september 30, 2015 (unaudited). Bitcoin investment trust stock news.
China Bans Finance Firms From Servicing Crypto Transactions Business And Economy News Al Jazeera from www.aljazeera.com
To be sure, owning bitcoin investment trust is a lot easier than buying the digital currency on an online cryptocurrency exchange. Unfortunately, due to the fact it's currently the only bitcoin trust of its kind out there for investors according to financial analytics firm s3 partners, gbtc short sellers have lost more than $39 million. Financial statements for the grayscale bitcoin trust are audited annually by friedman llp.
If you want to invest in bitcoin, you'll need to use a special crypto exchange or app.
In addition, some financial ratios derived from these reports are featured. Grayscale bitcoin trust (btc) : The company has $3.73 million in equipment at the end of q3 and has invested heavily in mining equipment. Below we explain the bitcoin investment trust (gbtc), the pros and cons of gbtc, and why gbtc is a better investment than bitcoin in some ways (but a trust (an investment trust) is a company that owns a fixed amount of a given asset (like gold or bitcoin).
