CNBC viewers are now paying a 33% premium for the privilege of paying GBTC a 2% per year fee to store Bitcoin that they could easily store themselves for free. GBTC then creates new shares which it sells into the market at a huge premium, using the proceeds to buy more #Bitcoin.
Tag: Proceeds
@AWice would be cool if all the proceeds were tallied and used to ape into bitcoin every merch purchaser contributes to bitcoin going higher
@AWice would be cool if all the proceeds were tallied and used to ape into bitcoin
every merch purchaser contributes to bitcoin going higher