Bill Miller's Trust to Invest up to $300 Million in Grayscale Bitcoin Trust

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The trust wants to channel up to 15% of its assets into Bitcoin.

In brief

1. Bill Miller plans to put 15% of the Miller Opportunity Trust's $2.25 billion assets into Grayscale's Bitcoin Trust.

2. The announcement comes soon after the investor penned a letter championing Bitcoin as a growing investment.

3. Trusts like Grayscale's are part of a market of financial services offering investors indirect exposure to crypto.

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