The Chicago Entrepreneur

Crypto: Grayscale may ‘ultimately’ considers tender offer for bitcoin trust, if lawsuit against SEC fails, CEO says

Michael Sonnenshein, chief executive at digital asset manager Grayscale, said Tuesday the company would consider providing a tender offer to redeem shares of its Grayscale Bitcoin Trust, if it exhausts all the options to push for GBTC’s conversion to an exchange-traded fund. 

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