other material
confidence high
sentiment neutral
materiality 0.25
Grayscale Bitcoin Cash Trust issues 861,000 shares in private placement for $2.5M
Grayscale Bitcoin Cash Trust (BCH)
- Issued 861,000 shares at NAV-based prices to accredited investors via Rule 506(c).
- Total proceeds of 7,321.89762611 BCH, equivalent to $2,532,714.
- Total shares outstanding increased to 42,603,300 as of August 28, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.