The Bitcoin Investment Trust (BIT) is a private, open-ended trust invested exclusively in bitcoin. The sponsor of the trust is Grayscale Investments LLC. (formerly known as Alternative Currency Asset Management LLC), a wholly owned subsidiary of SecondMarket Holdings, Inc.
The BIT was created for accredited investors looking for exposure to bitcoin through an investment vehicle as opposed to a direct investment.
Michael Sonnenshein is the Account Executive at Bitcoin Investment Trust, SecondMarket Inc. After starting his career on Wall Street as an analyst at Bank of America, followed by positions at Barclays, and later at JP Morgan, Michael joined Barry Silbert at Bitcoin Investment Trust in January.
As always, following the presentation we will be hosting Satoshi Square peer-to-peer Bitcoin trading with free pizza and an open bar!