Genesis Completes Major Bitcoin Purchase after GBTC Share Sell-off
Saturday, 6 April 2024, 06:05
Genesis Acquires $2.1 Billion in Bitcoin
Genesis, a bankrupt crypto firm, recently sold 36 million GBTC shares to purchase Bitcoin to settle debts. The move was closely monitored by market participants, with Coinbase stepping in to manage potential market impact, ensuring stability.
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