The Grayscale Bitcoin Trust (GBTC) has sold $7.46 billion in private placements, Michael Sonnenshein, its CEO, said in a filing.
The amendment points out the first sale occurred on the 25th of September 2013, making it unclear just how much was recently raised.
Grayscale has been asked for clarification, but provided no comments on this annual filing.
The company also revealed they sold $1.3 billion worth of ETHE, $100 million for the Ethereum Classic Trust, and $120 million for the Bitcoin Cash Trust.
Grayscale currently has about 630,000 bitcoin worth $10 billion and 3 million eth worth close to $4 billion.
Their shares however are trading at a 50% discount. Valkyrie Investments proposed last week to buy out the trusts following some difficulties at Genesis, a subsidiary of the Digital Currency Group (DCG) which owns Grayscale as well.
Genesis owes about $1 billion to Gemini, with its co-founder, Cameron Winklevoss, giving Barry Silbert, the founder of DCG, an 8th of January deadline to resolve the matter.
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- Source: https://www.trustnodes.com/2023/01/05/grayscale-raises-7-5-billion
