Cryptocurrency (Mar 10, 2021 10:20AM ET)
Grayscale parent Digital Currency Group plans to buy $250M of its own GBTC shares
Cryptocurrency asset manager Grayscale has a new buyer of shares in its Grayscale Bitcoin Trust (GBTC) — its owner.
In a press release on March 10, Grayscale parent company Digital Currency Group (DCG) announced plans to purchase up to $250 million of GBTC shares.GBTC premium vs. holdings vs. BTC/USD chart. Source: Bybt