Opinion
Grayscale Releases “Valuing Bitcoin” Report
Grayscale is the world’s largest digital currency asset manager, managing the Grayscale Bitcoin Trust, among other products. They’ve released their latest “Valuing Bitcoin” report to “help investors visualize why Bitcoin may be more important than ever, exploring Bitcoin’s value indicators, delineating its substantial supply/demand imbalance, and extrapolating how these factors may create a tailwind for Bitcoin’s adoption and price.”
Some factors include:
GDP vs. Wage Growth
Balance Sheet Expansion
Paul Tudor Jones Recent Investment: Note that although Bitcoin scores lower, the score itself implies that Bitcoin should be more valuable than where it is today
HODL Indicies
Daily Addresses
And a number of other metrics. All point favorably toward the increasing value of Bitcoin over the next twelve months. You can download the full report here.