Daniele
Mon Sep 30 2024
|
6 answers
1384
How many coins make one bitcoin?
Excuse me, I'm a bit confused about the concept of Bitcoin and its units. Could you please clarify for me: does one Bitcoin consist of multiple smaller coins, or is Bitcoin itself a single, indivisible unit? If there are indeed smaller units, what are they called, and how many of them make up one full Bitcoin? I'm trying to get a better grasp of the fundamental structure of the cryptocurrency. Thank you for your assistance.
DigitalBaron
Tue Aug 06 2024
|
5 answers
750
How many GBTC shares are equivalent to one bitcoin?
Could you please clarify for me how many shares of the Grayscale Bitcoin Trust (GBTC) are considered to be equivalent to a single unit of the underlying asset, which is Bitcoin? Is there a fixed ratio or does it vary based on market conditions? Understanding this relationship is crucial for investors seeking to gain exposure to Bitcoin through traditional financial instruments.
