A privately-held investment firm from Chicago, Marlton Partners, has urged Grayscale Investments to embrace the modified Dutch auction tender offer for GBTC shares. According to Marlton, such a tender offer “would materially narrow — if not eliminate — the discount to net asset value (NAV).” This, in turn, offers stockholders confidence “in the sponsor’s ability to manage the fund’s discount.”
GBTC Holder Says Not Enough Being Done to Eliminate Discount on Shares— Proposes an Alternative Solution – Markets and Prices Bitcoin News
2021-04-09T05:30:16-04:00April 9th, 2021|