Genesis Acquires Bitcoins to Repay Customers After Selling GBTC Shares

Saturday, 6 April 2024, 09:54

Genesis has acquired 32,041 bitcoins by selling nearly 36 million Grayscale Bitcoin Trust shares to provide restitution to customers. This strategic move not only ensures customer repayment but also strengthens the company's position in the cryptocurrency market.
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Genesis Acquires Bitcoins to Repay Customers After Selling GBTC Shares

Genesis Acquires Bitcoins for Customer Repayment

Genesis has purchased 32,041 bitcoins using the funds obtained from selling almost 36 million Grayscale Bitcoin Trust shares. This transaction signifies a pivotal moment in Genesis's commitment to customer satisfaction and financial transparency.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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