Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

2024-4-8 22:19

The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust. origin »

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shares bankruptcy court york new sell bitcoin

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Next Bitcoin Crash? Insight On Genesis’ $1.5 Billion GBTC Sale

The crypto community has been abuzz with discussions surrounding Genesis’ intent to sell approximately 36 million shares of Grayscale Bitcoin Trust (GBTC), a move valued around $1.5 billion. This announcement stoked fears of a potential market downturn, reminiscent of the apprehensions following the FTX bankruptcy estate’s sale of over $1 billion worth of GBTC. However, a […]

2024-2-14 14:30