Bitcoin investment trust share split

Jun 25,  · Updated Jun 25, Investing in bitcoin derivatives has become easier for individual investors after Bitcoin Investment Trust (GBTC) announced a for-1 stock split . Bitcoin Investment Trust Announces Stock Split NEW YORK, Jan. 11, /PRNewswire/ -- Grayscale Investments, LLC, the sponsor (the "Sponsor") of the Bitcoin Investment Trust (OTCQX: GBTC) (the "Trust"), announced that it has today declared a for-1 stock split of the Trust's issued and outstanding shares. As bitcoin alternatives blossom, Bitcoin Investment Trust is splitting its stock to make its shares more accessible to smaller investors.

Bitcoin investment trust share split

The Bitcoin Investment Trust’s Stock Is Splitting: Here's What You Need to Know | The Motley Fool

The stock split will be effected on January 26, to shareholders of record as of the close of business on January 22, Based on 1,, shares of the Trust issued and outstanding as of the date of this press release, immediately after effectiveness of the stock split on January 26, , the Trust would have ,, shares outstanding. The Trust may create new shares after the date of this press release and up through the record date.

After the close of business on the record date, the Trust will announce the total number of shares that will be issued and outstanding immediately after effectiveness of the stock split on January 26, , which will give effect to any such new shares created after the date of this press release and up through the record date.

Shareholders are not required to take any action to receive the shares in connection with the stock split and they will not be required to surrender or exchange their shares in the Trust. Shareholders are not required to take any action to receive the shares in connection with the stock split and they will not be required to surrender or exchange their shares in the Trust.

The transfer agent will automatically issue the new shares in the stock split. If shares are held by a bank, broker or other nominee, stockholders should contact that institution directly. Shareholders contemplating a transaction in the Trust's shares between the record date and payment date should consult a broker regarding their entitlement to the split shares. Start posting your company's news.

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A popular bitcoin stock announced a 91-for-1 split that could make it more accessible to the masses Competition for the "crypto trade"

Jan 12,  · Grayscale Investment’s Bitcoin Investment Trust, a stock that seeks to mirror the price of bitcoin, announced Friday a for-1 stock split that would drastically reduce the price of shares. As bitcoin alternatives blossom, Bitcoin Investment Trust is splitting its stock to make its shares more accessible to smaller investors. NEW YORK, Jan. 11, /PRNewswire/ -- Grayscale Investments, LLC, the sponsor (the "Sponsor") of the Bitcoin Investment Trust (OTCQX: GBTC) (the "Trust"), announced that it has today declared a for-1 stock split of the Trust's issued and outstanding shares. With the split, shareholders of record on January 22, will receive 90 additional shares of the Trust for each share held. Tags:Btc clicks paga 2019, Consensus bitcoin, Bitcoin illegal in countries, Manuela ferreira leite bitcoin, Easiest way to get into bitcoin