Genesis Successfully Completes Redemption of GBTC Shares and Purchases 32K Bitcoins
Friday, 5 April 2024, 19:19
Genesis Redeems GBTC Shares and Acquires Bitcoins
The latest strategic move by Genesis involves the successful redemption of GBTC shares and the purchase of 32,000 Bitcoins. The company recently gained approval from a New York bankruptcy court for the sale of approximately 36 million Grayscale's Bitcoin Trust shares. This decision highlights Genesis's proactive stance in the cryptocurrency market.
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