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Grayscale Investments Enjoys Its Best Week Ever After National Ad Blitz

August 14, 2020 by admin 0 Comments

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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

This article was originally published by Cointelegraph.com. Read the original article here.