GBTC: The One Place To Buy Bitcoin For 58 Cents On The Dollar

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ValueWalk

The Grayscale Bitcoin Trust trades at a 42% discount to its net asset valueAlmost two years of hedge fund liquidations as well as a year-long bear market create the discountBitcoin looks to be turning the corner, while Grayscale fights the SEC to get GBTC listed as a spot Bitcoin ETF.5 stocks we like better than Grayscale Bitcoin Trust (BTC)Bitcoin is breaking out above its critical $25,000 level, which has been acting as stubborn upside resistance for the last nine months. Briefly trading above $27,000 on Friday morning, Bitcoin looks like it’s trying to mount another bull trend. Q4 2022 hedg…

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