“The net asset value of SecondMarket’s Bitcoin Trust has surpassed $50 million. As of 4 pm, the fund’s assets under management were worth $50.93 million. The price of Bitcoin on Mt. Gox is now more than $900, and earlier today hit a new all-time high of $950. This suggests SecondMarket holds more than 55,000 Bitcoins. Founded in 2004, SecondMarket is an online security brokerage specializing in illiquid assets. Here’s the chart showing net asset value (NAV) and NAV/share.”
http://www.businessinsider.com/record-aum-for-bitcoin-trust-2013-11
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The Mini-Skirt Deception: Trump and McMaster's Afghan ‘Surge’
Deutsche Bank's Chief Economist Calls For €150 Billion Bank Bailout
Marc Faber on Bloomberg Radio August 13, 2012
South Korea Toughens Up Rules On Overseas Accounts
Bitcoin’s Evolution Will be SWIFT
The new-found desire for privacy is what’s driving all of this new business activity.
RoboCoin’s Bitcoin ATM lets you buy Bitcoin with cash: ‘grandma friendly’
Pepe Escobar: Bandar Bush, 'liberator' of Syria
A License to Commit Aggression
He Could Bear Arms for the Government -- But Not For Himself
Federal Appeals Court Overrules Judge Who Believed Motorist Over A Cop
Director of IRS Tax-Exempt Determinations Office Is Obama Donor
ExxonMobil Hopes You’ve Forgotten About Mayflower, Arkansas
What We Know About Ross Ulbricht, Allegedly 'Dread Pirate Roberts'
Chicago Issues $100 Million in Bonds to Settle Police Brutality Cases