other material
confidence high
sentiment neutral
materiality 0.20
Grayscale Bitcoin Cash Trust issues 829,200 shares for ~6,999 BCH ($3.84M) in private placement
Grayscale Bitcoin Cash Trust (BCH)
- Issued 829,200 shares to accredited investors in a Rule 506(c) private placement.
- Proceeds totaled 6,999.30845251 BCH, valued at approximately $3,841,394.
- Total shares outstanding now 45,959,700 as of December 17, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.