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Legacy US bank, a division of Chicago's First Midwest Bank has recently increased its bitcoin exposure by acquiring over 27 Bitcoin via the Grayscale Bitcoin Trust (GBTC)—an institutional, regulated product offered by Grayscale Investments. It first held 7,693 GBTC shares, and now holding 29,498 GBTC shares (≈$910,000). Grayscale Bitcoin Trust (GBTC) has also revived bitcoin investment from other banks like Morgan Stanley, the US multinational bank.
More development on daily basis , the likes of microstrategy and grayscale has been a strong pillar to cryptocurrency market.
More development on daily basis , the likes of microstrategy and grayscale has been a strong pillar to cryptocurrency market.