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13 May 2021

Grayscale’s parent firm DCG to expand GBTC buy limit by $500M

Grayscale’s parent firm DCG to expand GBTC buy limit by $500M


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Digital Currency Group, the parent company of Grayscale Investments digital asset manager, is now authorized to purchase up to $750 million worth of shares of Grayscale Bitcoin Trust (GBTC).

The company announced Monday that DCG increased its prior authorization to buy up to $250 million worth of GBTC shares by extra $500 million.

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Why Fiat Experts Don’t Get Bitcoin
published: 1 hour ago
There are various reasons traditional experts do not understand bitcoin and thus have negative views on it.

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