in ,

Grayscale Investments Enjoys Its Best Week Ever After National Ad Blitz

grayscale-investments-enjoys-its-best-week-ever-after-national-ad-blitz

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

Leave a Reply

Your email address will not be published. Required fields are marked *

law-decoded:-how-long-is-the-arm-of-the-law?-august-7-14

Law Decoded: How Long Is the Arm of the Law? August 7-14

market-update:-btc-inches-toward-$12k,-eth-jumps-12%,-report-says-link-may-see-‘rough-waters’

Market Update: BTC Inches Toward $12K, ETH Jumps 12%, Report Says LINK May See ‘Rough Waters’