> If the discount rate stays constant However, the discount rate is not constant. It was a premium a year ago (+10% ish), and now it is a discount (-50%). GBT

> If the discount rate stays constant However, the discount rate is not constant. It was a premium a year ago (+10% ish), and now it is a discount (-50%). GBTC goes up and down based off of rumors of Gemini bankruptcy. Genesis will skyrocket if the bankruptcy rumors turn out false. Otherwise, GBTC may further collapse.