Rothschild Investment Adds to Grayscale Bitcoin Holdings

The manager of $1.4 billion first bought bitcoin trust shares in 2017.

Jan 25, 2021 at 10:27 p.m. UTC

Updated Sep 14, 2021 at 11:01 a.m. UTC

311 2. wacker drive — Rothschild Investment Corp. headquarters in Chicago, Ill.

Chicago-based Rothschild Investment Corporation recently increased its position in Grayscale Bitcoin Trust to 30,454 shares, a 24% increase from October.

The institutional investment manager of $1.4 billion disclosed Monday its shares in the trust were worth $975,000 at the end of 2020.
Rothschild Investment first bought shares of Grayscale's bitcoin vehicle in 2017 but appeared to have exited that position shortly after. It began buying again in 2019.
Grayscale is owned by CoinDesk parent company Digital Currency Group.

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