##Grayscale Is Buying More Bitcoin Than There Is Mined, Report Says – Free BitMEX Signals group on Telegram
##Grayscale Is Buying More Bitcoin Than There Is Mined, Report Says – Free BitMEX Signals group on Telegram: Visit – https://t.me/s/freebitmexsignals
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The digital asset management company, Grayscale Investments, has increased its Bitcoin buying speed recently. According to a researcher, the firm’s accumulation levels have jumped to about 150% of the freshly mined coins since the third halving.
Grayscale Buys A Lot of Bitcoin
As CryptoPotato reported recently, Grayscale had increased its Bitcoin holdings by 60,000 coins for the past 100 days. It equaled to about 33% of all mined coins within that timeframe.
The increased accumulation rate suggests the rising interest of institutional investors since most of the company’s customers fall in that category.
According to data from today provided by the independent researcher, Kevin Rooke, the cryptocurrency fund management firm had purchased 18,910 bitcoins since the third halving at that point. At the same time, though, the number of mined coins since the event which took place on May 11th was only 12,337.
Interestingly, Grayscale clients are paying about a 21% premium on their Bitcoin s
1
For more latest news update on Cryptocurrency, Free Crypto signals & Bitcoin Binance Bitmex automated trading BOT visit above given Telegram channel
The digital asset management company, Grayscale Investments, has increased its Bitcoin buying speed recently. According to a researcher, the firm’s accumulation levels have jumped to about 150% of the freshly mined coins since the third halving.
Grayscale Buys A Lot of Bitcoin
As CryptoPotato reported recently, Grayscale had increased its Bitcoin holdings by 60,000 coins for the past 100 days. It equaled to about 33% of all mined coins within that timeframe.
The increased accumulation rate suggests the rising interest of institutional investors since most of the company’s customers fall in that category.
According to data from today provided by the independent researcher, Kevin Rooke, the cryptocurrency fund management firm had purchased 18,910 bitcoins since the third halving at that point. At the same time, though, the number of mined coins since the event which took place on May 11th was only 12,337.
Interestingly, Grayscale clients are paying about a 21% premium on their Bitcoin s
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