Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report

by Aurelia Butler 28 November 2022, 21:40 99 Views

Based on calculations provided by Selkis, this works to a maximum of $62 million in liquidations per quarter based on the outstanding shares test and $23 million in liquidations per quarter based on the trading volume test. “It’s *much* more likely DCG-Genesis refinance using GBTC as collateral,” he wrote.

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Source: Cryptocurrency - investing.com

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Controlling shareholders’ stakes in GBTC are ‘highly illiquid’: Report

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