Grayscale Investments, a crypto investment fund manager and subsidiary of Barry Silbert’s Digital Currency Group, is estimated to have purchased up to one-third of all newly minted Bitcoin during the past three months amid the run-up to the block reward halving. The announcement comes as average weekly investments into Grayscale’s Bitcoin Investment Trust, or BIT, reached $29.9 million over the first quarter of 2020. In response to a tweet publicizing the figures, Grayscale founder Barry Silbert stated: “just wait until you see Q2.” The average weekly investment into the trust has increased by over 800% when compared ... (full story)