{"id":623,"date":"2021-01-20T15:21:49","date_gmt":"2021-01-20T15:21:49","guid":{"rendered":"https:\/\/cryptonita.co\/?p=623"},"modified":"2021-01-20T19:13:19","modified_gmt":"2021-01-20T19:13:19","slug":"grayscale-bought-16244-bitcoin-600m-in-24h","status":"publish","type":"post","link":"https:\/\/cryptonita.co\/?p=623","title":{"rendered":"Grayscale bought 16,244 Bitcoin ($600M) in 24H"},"content":{"rendered":"

Earlier this week digital assets manager Grayscale purchased a massive amount of cryptocurrency in a single day. On Monday alone, they bought 16,244 Bitcoin<\/strong> for a total of roughly $600 million. <\/p>

To put that into perspective, that equals 18 times the number of new Bitcoin mined daily.  <\/p>

This gives me some real <\/strong><\/em>Hungry Hungry Hippos vibes<\/strong><\/em>_<\/a><\/p>

Why this matters_<\/h4>

As an investor, you have two basic pathways towards adding assets (like stocks or cryptocurrencies) to your portfolio. You can:<\/p>