Looking for a way to get bitcoin even cheaper than the current $54k price? Buy GBTC...
Are you expecting bitcoin to fall another 10%?
Are you hoping it will fall another 10% so you can get in cheaper?
If so, you can buy it right now with a 14% discount to its current market price.
You can do that by buying GBTC...
GBTC has been trading a discount to its NAV for several months now and that probably won't change immediately, with the current discount some 14%:
While I don't think that discount will be going away in the near future, I think it will at some point.
There are activist investors in GBTC that are not happy about the discount and are actively working on eliminating that discount.
So, if you want bitcoin and plan to hold it for a while, you can buy the current pullback 14% cheaper and eventually enjoy that discount closing as well as bitcoin (hopefully) going up.
Sounds like a pretty good deal to me!
Stay informed my friends.