Grayscale should be very very happy. What goes up massively will also come down massively. Soon there will be Tulip Mania #2. And there will also be many happy people. Hope Tulip Mania #2 happens in our lifetime. Price goes up massively - people very happy Price goes down massively - people also very happy Price starts to slow down - options traders will be very happy Price stays still for years - people will die from starvation So make hay while the Sun shines.
What's so funny? If you want to purchase shares in the private placement you must hold the shares for at least 6 months.