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Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds

The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale's Bitcoin Trust.

By Cheyenne Ligon|Edited by Stephen Alpher

Updated Apr 5, 2024, 7:21 p.m. Published Apr 5, 2024, 7:19 p.m.

Genesis has unloaded its entire stake in GBTC (Danny Nelson/CoinDesk)