Grayscale may ‘ultimately’ considers tender offer for bitcoin trust, if lawsuit against SEC fails, CEO says
January 24, 2023 at 10:23 AM EST
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.