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.
- Grayscale is owned by CoinDesk parent company Digital Currency Group.
CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk offers all employees above a certain salary threshold, including journalists, stock options in the Bullish group as part of their compensation.