Re: SecondMarket Bitcoin Investment Trust Observer

Quote from: whazzledazzle on November 05, 2014, 10:30:07 PM

To what extent is their NAV calculation change skewing the data? It seems the timing matches up with the 7k buy, making me think it's probably not accurate.

Source: https://twitter.com/BitcoinTrust/status/529390214897102848

It seems that the 7k change was not an error.

For the change in NAV calculation, I guess it won't affect my estimation since the change in NAV will also proportionally affect the amount of Total Asset. Anyway, we can't confirm until they announce the actual BTC holding amount again.