GBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX Message Board

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Non-Tech : GBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX

GBTC 89.02

-1.2%

Oct 28 4:00 PM EDT

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To: Madharry who wrote (236)	4/16/2023 1:52:35 AM
From: nicewatch	of 270

Sorry I missed your reply or would have responded sooner. Bitcoin isn't going away anytime soon and unaware of anyone taken seriously in the field arguing otherwise. There's always healthy debate, and speculation, about which names will fill the #2 to #20 or #30, etc. spaces by marketcap value as well there should be. Bitcoin was the first and still the dominant name. People and entities have moved more to bitcoin, as defined by the 2020 to late 2021 bull market. As for AT1 bonds, my recollection is Asian entities, banks, funds, sovereign wealth funds, etc. took the brunt of the hit. PIMCO had a several hundred million$ write off. As for who holds AT1 bonds issued by other firms I don't know but am sure someone made a list in reaction to the AT1 crash and burn on Credit Suisse paper.

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