Grayscale Bitcoin Cash Trust issues 863,500 shares in private placement for 7,316 BCH ($2.7M)

Grayscale Bitcoin Cash Trust (BCH)

Issued 863,500 shares at varying NAV-based prices to accredited investors via Rule 506(c) private placement.
Total consideration: 7,315.78 BCH, valued at approximately $2,665,985.
Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.
Total shares outstanding increased to 44,003,500 as of October 23, 2024.
Periodic share creations may deem Grayscale Securities an 'underwriter' under Securities Act.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.