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Rothschild Investment Adds to Grayscale Bitcoin Holdings
The manager of $1.4 billion first bought bitcoin trust shares in 2017.
By Danny Nelson
Updated Sep 14, 2021, 11:01 a.m. Published Jan 25, 2021, 10:27 p.m.
Chicago-based Rothschild Investment Corporation recently increased its position in Grayscale Bitcoin Trust to 30,454 shares, a 24% increase from October.
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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.
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