Grayscale considers GBTC buyback if it loses SEC lawsuit
Grayscale says it will consider a 20% share buyback of its bitcoin trust, GBTC, if it cannot convince the SEC to convert it into an ETF.
Cryptocurrency news by Protos · Protos
December 21, 20225m 23s
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Show Notes
Grayscale Investments has informed investors of a contingency plan to deliver some capital to GBTC shareholders ⏤ even if it loses its appeal of the SEC’s decision to block GBTC from converting into a spot bitcoin ETF. Grayscale might institute a 20% share buyback.
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