Grayscale purchased $600M Bitcoin in the last 24 hours

posted about 1 month ago
Grayscale, the world’s largest cryptocurrency asset management firm, has accumulated 16,244 Bitcoin worth more than $600 million in the last 24 hours due to growing institutional demand. The company now has more than 630,000 BTC worth nearly $23 billion.

According to the data provided by the crypto analytics company Bybt.com, Grayscale’s total crypto assets under management (AUM) jumped above $27 billion on Tuesday as the price of Bitcoin crossed $37,000. The total market cap of cryptocurrencies reached $1.06 trillion. The company has accumulated nearly 26,000 Bitcoin in the last 7 days.
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