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Rothschild Investment Adds to Grayscale Bitcoin Holdings
The manager of $1.4 billion first bought bitcoin trust shares in 2017.
Chicago-based Rothschild Investment Corporation recently increased its position in Grayscale Bitcoin Trust to 30,454 shares, a 24% increase from October.
STORY CONTINUES BELOW
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- The institutional investment manager of $1.4 billion disclosed Monday its shares in the trust were worth $975,000 at the end of 2020.
- Rothschild Investment first bought shares of Grayscale's bitcoin vehicle in 2017 but appeared to have exited that position shortly after. It began buying again in 2019.
- Grayscale is owned by CoinDesk parent company Digital Currency Group.
Danny Nelson
Danny is CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.
