According to the FT report citing filings, DCG’s recent share sales have focused on the ethereum fund, where the group has moved to sell about a quarter of its stock to raise as much as $22M in several trades since January 24. The company is selling at about $8 per share, despite each share’s claim to $16 of ether.
Related posts
-
Cardano’s ADA Price Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B
The price has risen 22% this week, taking the month-to-date gain to 152%. That has raised... -
Financial Giant Charles Schwab Signals Big Moves in Crypto Trading
Charles Schwab is preparing to launch spot cryptocurrency trading... -
Microstrategy Completes $3B Debt Offering to Expand Bitcoin Holdings; Shares Drop 16%
Microstrategy has finalized a $3 billion convertible note offering, further bolstering its position as a leading...