Digital Currency Group plans to buy $750M in GBTC shares

posted about 2 months ago
Digital Currency Group, a major crypto investment firm led by CEO Barry Silbert, plans to buy an additional $557 million of shares of the Grayscale Bitcoin Trust, the Bitcoin trust run by Grayscale, one of DCG's many subsidiaries.

This would bring DCG's total investment into the trust—$193 million as of April 30—to $750 million.
Tags: news, bitcoin