Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF

Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust  (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlying Bitcoin holdings.
Grayscale Can’t Act Independent Of Investors
The Wall Street Journal released a letter by Grayscale CEO Michael Sonnenshein urging that Grayscale would consider issuing a tender offer should the Security and Exchange Commission (SEC) and shareholders give their a