Grayscale: 10% of the GBTC's underlying Bitcoin will be split into a mini trust, resulting in a net value that is 10% lower than the previous day
Grayscale announced on the X platform that 10% of GBTC's underlying Bitcoin will be split into a mini trust, resulting in a net value 10% lower than the previous day. GBTC shareholders do not need to take any action to receive the split benefits and will have the right to obtain mini trust shares at a 1:1 ratio. Meanwhile, their overall exposure to Bitcoin will remain unchanged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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