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Bitcoin.com
2024-02-14 23:30:08

Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares

Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares

Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to Bloomberg, Genesis Global Holdco LLC secured Judge Sean Lane’s approval to liquidate its GBTC investments, currently estimated at $1.3 billion. The request

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