Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Articles about Cryptocurrency => Topic started by: nodelistverdant on February 15, 2021, 09:07:20 AM

Title: Grayscale Buying Bitcoins 54% Faster than Mining in 2021
Post by: nodelistverdant on February 15, 2021, 09:07:20 AM
(https://miro.medium.com/max/700/1*RunzcgXHdUjdnLb2Wd6Lfw.jpeg)

The Grayscale digital asset manager is on a massive Bitcoin buying spree in the last 16-days. They have snapped up over 40,000 BTCs in the last half-a-month (since January 13, 2012, to be precise).

The crypto analytics company Glassnode’s CTO, Rafael Schultze-Kraft, has noted this tremendous accumulation by Grayscale. He also noted that till the beginning of 2021, 26,000 Bitcoins have been mined. This makes the accumulation of Bitcoin by Grayscale 56% faster than the new BTC supply in 2021 till now.

https://medium.com/daily-highlights-crypto-analysis-news/grayscale-buying-bitcoins-54-faster-than-mining-in-2021-f29ff72019e8

https://napbots.com/