Genesis completes GBTC stock buyback, purchases 32K Bitcoin with proceeds

On February 15, Genesis received permission from the New York Bankruptcy Court to sell approximately 36 million shares of GBTC and two additional shares of the Grayscale Ethereum Trust. Real estate attorney upon application Grayscale stock has been valued A total of $1.6 billion, including nearly $1.4 billion from GBTC, $165 million from the Grayscale Ethereum Trust, and $38 million from the Grayscale Ethereum Classic Trust.