In-depth: Unveiling the Truth Behind Grayscale's Continued Bitcoin Purchases

Grayscale, known as "灰度" in crypto circles, has never stopped purchasing bitcoin, even at high prices exceeding $17,000 per coin. On November 17th, Grayscale's BTC Trust increased holdings by 1,773 BTC. To date, Grayscale holds over 500,000 bitcoin, accounting for 2.38% of total bitcoin supply. Excluding lost bitcoin, Grayscale's bitcoin holdings should represent 3.37% of the actual circulating supply.