Written by Michael Kapilkovformer writerReviewed by Alex Cohenformer editorGrayscale Investments Enjoys Its Best Week Ever After National Ad Blitz
Latest NewsPublishedAug 14, 2020
The power of television is no joke.
Grayscale Investments had its best fundraising week in history following an ad blitz on a number of major television networks. According to the company’s CEO Barry Silbert, Grayscale netted $217 million in investments in the days following the campaign.
The firm’s Bitcoin Trust Fund was the biggest contributor to the success, adding 14,422.01411512 Bitcoin (BTC) at a value of $167,932,466, according to an SEC filing. The firm is currently holding 409,131 BTC, essentially removing it from circulation.
Meanwhile, Galaxy Digital took out a full page ad in the Financial Times last week.
This story is developing and will be updated
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