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2018-12-05 19:00:56

203,000 BTC: Grayscale Investments Now Holds Over 1% of Bitcoin's Circulating Supply

Grayscale, a cryptocurrency investment firm established in 2013, now holds over 203,000 bitcoin (BTC) - an amount currently worth about $780 million according to CryptoCompare data. This makes Grayscale - a subsidiary of the Digital Currency Group - the “largest institutional investor in bitcoin”, holding “over 1%” of BTC’s current circulating supply of about 17.4 million coins.