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Bitcoin teeters after Grayscale owner DCB reveals it’s $2bn in debt

Bitcoin teeters after Grayscale owner DCB reveals it’s $2bn in debt

Grayscale owner DCB has revealed that it is $2bn (£1.65bn) in debt, causing the value of bitcoin to look increasingly precarious due to the company’s digital asset holdings and its ownership of troubled crypto lender Genesis. The Grayscale Bitcoin Trust is one of the world’s largest holders of bitcoin ( BTC-USD), with a stash totalling 643,572 BTC, worth $10.6bn.








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