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DCG, Facing Competition From Bitcoin ETFs, Plans to Buy More Grayscale Bitcoin Trust

Square to Consider Building a Bitcoin Mining System



Digital Currency Group (CoinDesk’s parent company) is planning to hoover up to a billion dollars worth of Grayscale Bitcoin Trust (GBTC). With subsidiary Grayscale’s flagship product facing sudden competition for brokerage accounts’ bitcoin dollars, the crypto conglomerate increased its GBTC buy range by $250 million, DCG announced Wednesday. It said it has bought $388 million […]



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