Stock Groups

Grayscale parent company expands GBTC purchase allocation to $1 billion -Breaking


According to an announcement issued on Wednesday, DCG is now authorized to buy up to $1 billion worth of Grayscale Trust (GBTC).

This development extends DCG’s prior authorization by $250 million if they choose to do so. Indeed, DCG has so far purchased $338 million in GBTC, according to the company’s announcement on Wednesday.