Chicago-based Rothschild Investment Corporation recently increased its position in the Grayscale Bitcoin Trust to 30,454 shares, a 24% increase from October.
The Institutional Manager of the $1.4 billion investment revealed Monday his stake in the trust is worth $975,000 at the end of 2022.
Rothschild Investment first bought Grayscale’s bitcoin (BTC, +0.35%) stake in 2017 but appears to have exited that position shortly thereafter. Then start buying again in 2022.
Grayscale is owned by CoinDesk’s parent company, Digital Currency Group.