other
confidence high
sentiment neutral
materiality 0.30
Grayscale Bitcoin Cash Trust issues 496,800 shares for ~$1.98M in private placement
Grayscale Bitcoin Cash Trust (BCH)
- Issued 496,800 shares in private placement under Rule 506(c) to accredited investors.
- Raised aggregate of 4,247.18 BCH, valued at ~$1,979,596.
- Outstanding shares increased to 39,835,100 as of June 18, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions.