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home / news releases / OBTC - The Bitcoin Halving Is Upon Us

OBTC - The Bitcoin Halving Is Upon Us

Osprey Bitcoin Trust Unit Ben Int

2024-04-24 08:20:00 ET

Summary

  • The bitcoin halving event occurs roughly every four years, reducing the newly issued bitcoin supply by half. This has historically been associated with a rising price.
  • The halving reduces the block reward for miners, but our focus remains on sources of potential increased demand across the bitcoin network, especially given all the publicity in the space during 2024.
  • Bitcoin's transparent and immutable monetary policy, along with its alternative investment exposure, could make it an attractive option for investors seeking a potential long-term store of value.

By Christopher Gannatti, CFA, & Blake Heimann ...

For further details see:

The Bitcoin Halving Is Upon Us
Stock Information
Company Name: Osprey Bitcoin Trust Unit Ben Int
Stock Symbol: OBTC
Market: OTC
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