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RE: Bitcoin Investment Trust (GBTC): How can it reach $31.30?

in #bitcoin7 years ago (edited)

Isn’t GBTC overvalued for the btc they hold?

If you want to invest in btc via the stock market I’d recommend overstock. It’s a solid company that holds btc, has done a token sale and has been into btc since way before any price jump. Their CEO definitely has vision.

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There is always a premium. However, it remains at a consistent level.

Fair enough. I guess for people investing with a 401k or such it’s a good option. Have you looked at overstock by the way?