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VRA Alert: Buying Bitcoin and/or IBIT. Making Galaxy Digital a Focus Stock.

Good Thursday afternoon. VRA Alert: with BTC breaking out past $101k, we are (for the third time since 2017) adding Bitcoin to the VRA Portfolio. If you’d rather purchase a BTC ETF, this time we are buying “IBIT” (Blackro ...

Posted On May 08, 20253 MIN Read
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Good Thursday afternoon. VRA Alert: with BTC breaking out past $101k, we are (for the third time since 2017) adding Bitcoin to the VRA Portfolio. If you’d rather purchase a BTC ETF, this time we are buying “IBIT” (Blackrocks BTC ETF), which is the largest BTC ETF with a market cap of $63 billion (vs ARKB’s market cap of $4.5 billion).

The other advantage (besides size) of owning IBIT is that its options are also the most actively traded, should we decide to hedge from time to time. That wasn't really an option with ARKB as its options are more thinly traded. From our first purchase in Bitcoin (@ $2000.00) we have booked total net profits of 2,280%.

Alert: Last trade in IBIT is $57.50 (buy at market).

We are also making Galaxy Digital (BRPHF) an official focus stock in the VRA Portfolio. Galaxy has been red hot, rising from $8.20 to today’s $20.25 (since April 7th). As a reminder, Galaxy is scheduled to fully US listed on Nasdaq on 5/16, just one of the reasons its shares have ...

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