Michael Novogratz-owned cryptocurrency-focused merchant bank Galaxy Digital has posted an ad for Bitcoin today on August 13, 2020, in Financial Times (FT), a famous United Kingdom-based newspaper. The firm has advised readers of Financial Times that this is the best time for them to make an investment in Bitcoin (BTC) the leading digital currency in the world.
‘Now is the time to invest in Bitcoin’
The advertisement page issued by Galaxy Digital addresses the readers of the UK’s Financial Times newspaper stating “Now is the time to invest in Bitcoin”. The news has been shared on Twitter by the cryptocurrency investment company Grayscale Investments’ CEO Barry Silbert who is also the Digital Currency Group (DCG)’s founder and CEO. He posted the tweet earlier today on August 13 while sharing the image of the ad:
At the bottom of the advertisement page, there has been given the URL of Galaxy Digital’s cryptocurrency funds division “Galaxy Fund Management”. This clearly shows that the ad has come from Galaxy Digital.
While talking about Bitcoin in the ad, Galaxy Digital wrote:
“Enter bitcoin, an investable store of value asset that operates independent of the traditional financial system. Investors who worry about fiscal profligacy and helicopter money should recognize the value in bitcoin’s inherent scarcity – its hard-coded fixed supply makes it a compelling hedge against inflation.”
While shedding a light on the worth of bitcoin and suggesting readers to start considering investing in Bitcoin (BTC), the firm added, “Moreover, bitcoin has outperformed all major asset classes over 3-, 5-, and 10-year periods, and it still has room to run.’ So if you’re looking to capitalize on trends shaping “the new normal,” then consider investing in an asset that’s global, generational, and digital.”
Grayscale Investments also rolled out TV commercial recently
Recently, Grayscale Investments also launched a TV commercial regarding cryptocurrency on August 10. However, it was not particularly for Bitcoin rather it was about the offerings of the firm which include Grayscale Bitcoin (BTC) Trust, Grayscale Ethereum (ETH) Trust, Grayscale Bitcoin Cash (BCH) Trust, and six others.