Daily Traders Edge

Crypto: Grayscale may ‘ultimately’ considers tender offer for bitcoin trust, if lawsuit against SEC fails, CEO says

January 24
10:37 2023

Michael Sonnenshein, chief executive at digital asset manager Grayscale, said Tuesday the company would consider providing a tender offer to redeem shares of its Grayscale Bitcoin Trust, if it exhausts all the options to push for GBTC’s conversion to an exchange-traded fund. 

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