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Genesis completed the redemption of GBTC shares, purchasing 32K Bitcoins with the proceeds



On February 15, Genesis received permission from a New York bankruptcy court to sell nearly 36 million shares in GBTC, as well as additional shares in two grayscale Ethereum trusts. Attorney for the estate at the time of application Grayscale shares are valued at A combined $1.6 billion – nearly $1.4 billion in GBTC, $165 million in Grayscale Ethereum Trust and $38 million in Grayscale Ethereum Classic Trust.

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