03 Jul '13, 5pm

Want to invest in #Bitcoin with the Winklevoss twins? Their Bitcoin Trust is going public:

Want to invest in #Bitcoin with the Winklevoss twins? Their Bitcoin Trust is going public:

Despite having lost millions in the last Bitcoin crash — or, more likely, because of it — the Winklevoss twins are taking their Bitcoin speculation business public. The Winklevoss Bitcoin Trust has filed an S-1 Registration Statement for an initial public offering (IPO) to the tune of $20 million. Bitcoin is the stateless, digital currency that has seen wild fluctuations and, recently, increased interest by regulatory agencies . Today, it hit a two-month low of $82. In April, the Winklevosses, who are probably most famous for their marathon litigation against Facebook and Mark Zuckerberg, which finally resulted in a settlement of $20 million in cash and $45 in Facebook stock, claimed to own 1 percent of the world’s Bitcoin supply—about $11 million worth. In the interim, as the currency dove from $260 to a post-crash average of about $100, they have continued to buy. As Pat...

Full article: http://www.dailydot.com/business/winklevoss-twins-bitcoin...

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bloomberg.com 02 Jul '13, 3pm

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mashable.com 02 Jul '13, 1pm

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