Grayscale Investments now controls 2.4% of the current BTC supply

Crypto fund manager Grayscale Investments has increased the assets under management in its Bitcoin Trust by more than $180 million over the past week.

According to data from information platform Bybt, Grayscale added 17,100 Bitcoin to the firm's Bitcoin Trust in the last seven days.

This effectively means Grayscale controls roughly 2.4% of total coin supply - currently at 18,502,381 according to CoinMarketCap - and shows no signs of stopping its buying spree.

The total supply of Bitcoin is capped at 21 million, meaning there are roughly 2.5 million BTC left to be mined, or about 11.9% of the total Bitcoin to be generated.

Even if the firm were to stop amassing coins now, it would still have control of more than 2% of all Bitcoin in circulation by the time the final block is mined.

Grayscale is not the only firm seeing the potential of crypto investments.

The company has reportedly accumulated 38,250 BTC since its first crypto purchase in August; less than a tenth that of Grayscale.

Token holders do not necessarily need to worry about Grayscale acquiring coins faster than they can be mined.

Cointelegraph reported in July that the majority of the investment firm's crypto purchases came from Bitcoin already in circulation.

Grayscale reported $5.8 billion in assets under management as of Sept. 25, with crypto trusts including Ethereum, Bitcoin Cash, Ethereum Classic, Horizen, Litecoin, Stellar Lumens, XRP, and Zcash.