The crypto asset manager has bought 16244 Bitcoin on Monday
World’s largest cryptocurrency asset management firm Grayscale has purchased 16,244 Bitcoin worth which cost around $607 million in the last 24 hours on Monday due to growing institutional demand according to the various data sources. The company one of the biggest holder of Bitcoin which has more than 630,000 BTC worth nearly $23 billion.
According to the data provided by the crypto analytics company Bybt, Grayscale’s total crypto assets under management (AUM) added $4 Billion and jumped over $27 billion on Tuesday as the price of Bitcoin crossed $37,500. The overall market cap of cryptocurrencies according to coinmarketcap reached $1.06 trillion. #Bitcoin #Crypto #Grayscale