Grayscale Bitcoin Trust Surpasses Nvidia with a 220% Gain in Value This Year

Investors with a contrarian approach who acquired shares in Grayscale Investments' Bitcoin Trust (GBTC) at the beginning of January, during a period of widespread uncertainty in the cryptocurrency and crypto-related markets, have reaped substantial rewards. GBTC shares have seen a remarkable 220% increase in value this year, reaching $26.79, as reported by TradingView. In comparison, Nvidia Corp (NVDA), the top-performing stock in the S&P 500, has gained 198%, while the index itself has seen a 9% increase. KEEP READING