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Grayscale Bitcoin Trust

65.08

-1.7300-2.59%

Post-market: 65.350.2700+0.41%19:58 EDT

Volume:1.49M

Turnover:96.06M

Market Cap:15.95B

PE:102.00

High:65.22

Open:65.10

Low:64.11

Close:66.81

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Overview Company News Filings

Company Profile

Company Name:

Grayscale Bitcoin Trust

Exchange:

NYSE

Establishment Date:

2013

Employees:

- -

Office Location:

290 Harbor Drive,4th Floor,Stamford,Connecticut,United States

Website:

http://www.grayscale.co

Zip Code:

06902

Phone:

- -

Fax:

- -

Introduction:

Bitcoin Investment Trust is a private, open-ended trust that is invested exclusively in bitcoin and derives its value solely from the price of bitcoin. It enables investors to gain exposure to the price movement of bitcoin without the challenge of buying, storing, and safekeeping bitcoins. The BIT's sponsor is Grayscale Investments, a wholly-owned subsidiary of Digital Currency Group. As of March 31, 2018, each BIT share represents ownership of 0.00100396 bitcoins. The trust will not generate any income and regularly sells/distributes bitcoins to pay for its ongoing expenses. Therefore, the amount of bitcoin represented by each share gradually declines over time.

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