Genesis Sells Shares of Grayscale Bitcoin Trust

April 6, 2024 Tóth Balázs

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Bankrupt crypto lender Genesis completed the sale of shares of the Grayscale Bitcoin Trust (GBTC) on April 2nd and used the proceeds to purchase 32,041 bitcoins. The value of the bitcoins is currently around $2.2 billion, and they are likely to be distributed among the lenders on Gemini Earn.

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Genesis Sells Shares of Grayscale Bitcoin Trust

Bankrupt crypto lender Genesis completed the sale of shares of the Grayscale Bitcoin Trust (GBTC) on April 2nd and used the proceeds to purchase 32,041 bitcoins. The value of the bitcoins is currently around $2.2 billion, and they are likely to be distributed among the lenders on Gemini Earn.

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