BlockFi currently owns over 5% of its Greyscale Bitcoin Trust shares.

2020-10-28 00:20
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Public data from October 28 suggests cryptocurrency lender BlockFi is a key part of Grayscale's stake in Bitcoin Trust (GBC), according to a press release. According to new data submitted to the U.S. Securities and Exchange Commission (SEC), lenders now make up 5.07% of trust members. BlockFi shares were signed on October 26 and announced the acquisition of 24,235,578 shares by the Trust on October 15. According to Grayscale's latest annual data, each share is worth 0.0001 BTC, which means BlockFi's purchases will be around 24,235.578 BTC. At current market prices, this is $ 328,040,666.02.

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2020-10-27 23:57