{"id":48462,"date":"2021-08-28T16:35:52","date_gmt":"2021-08-28T13:35:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48462"},"modified":"2025-09-02T02:17:58","modified_gmt":"2025-09-01T23:17:58","slug":"bill-millers-miller-opportunity-trust-reveals-a-45m-stake-in-grayscale-bitcoin-trust","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bill-millers-miller-opportunity-trust-reveals-a-45m-stake-in-grayscale-bitcoin-trust\/","title":{"rendered":"Bill Miller&#8217;s Miller Opportunity Trust reveals a $45m stake in Grayscale Bitcoin Trust"},"content":{"rendered":"<p>The Miller Opportunity Trust, run by billionaire Bill Miller, owns 1.5 million shares of the Grayscale Bitcoin Trust (GBTC) valued at $44.7 million as of June 30. The disclosure is contained in the <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001261788\/000114554921051047\/xslFormNPORT-P_X01\/primary_doc.xml\">report<\/a> filed with the U.S. Securities and Exchange Commission.<\/p>\n<p>GBTC accounts for 1.55% of the fund&#8217;s total assets.<\/p>\n<p>Miller is among the earliest supporters of the first cryptocurrency among major investors. In 2017 the billionaire said that he held 1% of his portfolio in Bitcoin, which he bought in 2014.<\/p>\n<p>As reported in April 2021 Miller <a href=\"https:\/\/u1f987.com\/en\/news\/bill-miller-bitcoin-is-not-a-bubble-volatility-is-the-price-of-its-advantages\">stated that digital gold is not a bubble<\/a>, and called volatility the price to pay for the advantages of the first cryptocurrency.<\/p>\n<p>Earlier the billionaire also <a href=\"https:\/\/u1f987.com\/en\/news\/bill-miller-calls-the-current-bitcoin-decline-a-trifling-matter\">dismissed as a mere blip<\/a> the bitcoin price decline <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-falls-below-35000\">in May<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices, and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Miller Opportunity Trust, the vehicle of billionaire Bill Miller, owns 1.5 million shares of the Grayscale Bitcoin Trust (GBTC), valued at $44.7 million as of June 30.<\/p>\n","protected":false},"author":1,"featured_media":48463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1698,18,1214],"class_list":["post-48462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bill-miller","tag-bitcoin","tag-grayscale-bitcoin-trust"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48462"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48462\/revisions"}],"predecessor-version":[{"id":48464,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48462\/revisions\/48464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48463"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}