Grayscale Investments to continue private placement for investors in Bitcoin Trust Shares
|- The private placement of Grayscale Bitcoin Trust (GBTC) shares as part of Grayscale Investments will continue for investors.
- It is designed for investors to put their money into Bitcoin (BTC) via traditional investment structures.
Grayscale Investments is continuing with its private placement of Grayscale Bitcoin Trust (GBTC) shares, as confirmed via an official company press release.
The private placement of GBTC shares is offered periodically to accredited investors — which is defined in: Rule 501(a) of Regulation D under the Securities Act — for daily subscription.
Further within the report, it notes that the GBTC shares are purportedly designed to allow investors monies be put into bitcoin (BTC) via a traditional investment structure. The shares are intended to correlate closely in value to BTC, but they are shares held in an investor’s name rather than the cryptocurrency itself.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.