Grayscale Bitcoin Trust revitalised following major court win

Grayscale Investments' recent court victory over the US Securities and Exchange Commission (SEC) has been a shot of good fortune for the beleaguered Grayscale Bitcoin Trust (GBTC). Having traded at a near-50% discount to its net asset value just months ago, GBTC, aka the world's largest bitcoin-only investment vehicle with a $17.4 billion NAV, surged more than 20% on the over-the-counter markets on Tuesday.