Digital Currency Group plans to invest up to $250M in Grayscale Bitcoin Trust

posted 7 months ago
Crypto venture capital giant Digital Currency Group (DCG) has announced its plan to invest up to $250 million in Grayscale Bitcoin Trust (GBTC).

The planned investment means DCG could end up getting indirect exposure to bitcoin worth $250 million. DCG intends to purchase GBTC shares on the open market.
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