First Mover: The Logic Behind Three Arrows’ $200M Grayscale Bet

The cryptocurrency investment fund Three Arrows disclosed earlier this month it became the biggest investor in the Grayscale Bitcoin Trust, after buying about $200 million of shares in the publicly traded bitcoin fund for a stake of about 6.5%. “Grayscale is one of the most professional and beneficial companies in the crypto ecosystem,” Three Arrows CEO Su Zhu told […]

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