Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares
February 15, 2024
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 for…