by John Walters

Today, Friday, January 19, is the final day you can purchase Bitcoin Investment Trust (GBTC) at its current value. At the moment that is $1,818. On Monday the company will do a 91-for-1 (don’t ask about the 91 thing) stock split, meaning that if you own one share today, you will own 91 on Monday.

Is it worth it?

I’m only including this item—and separately from IAH!—so that you’re armed with knowledge. A year ago today GBTC was selling for $118 per share, which means that it’s value is up more than 15 times in the past year. That’s almost unheard of. If you put $10,000 down on GBTC on January 19, 2017, that would now be worth $154,000.

However, a month ago yesterday GBTC was selling at an all-time high of $3,485 per share, which means that its value has nearly halved in just the past month. Which way will the stock go now that its per share price (about $20 per share come Monday) will be so much more accessible to the home investor? We’ll see.

I’m not telling you what to do here. Just advising that the game’s taking place.