Saturday, 6 November 2021

You can buy BCH on the stock exchange for a 23% discount below market price. Stock Ticker BCHG trades $5.5 worth of BCH for only $4.45

Each share has 0.00912052 BCH in it and the market price of that is 0.00912052 x $600 = $5.47 per share.

But each share only costs $4.45 which is a market price of only $487 per BCH (4.45 / 0.00912052 = $487) which is 23% below market price.

Source:

https://grayscale.com/products/grayscale-bitcoin-cash-trust/

Grayscale Bitcoin Cash Trust provides a secure structure to gain exposure to BCH. Eligible shares are quoted on the OTCQX®, the top marketplace operated by OTC Markets, under the Alternative Reporting Standards. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.

Shares Outstanding 34,812,900‡

BCH per share 0.00912052‡

submitted by /u/Oscuridad_mi_amigo
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source https://www.reddit.com/r/btc/comments/qni4nh/you_can_buy_bch_on_the_stock_exchange_for_a_23/

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