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$630M Due Next Week: Is DCG at Default Risk? - Ep. 489
Unchained
DCG's Decision to Sell GBTC
DCG in the run up to the three or capital collapse, they acquired $760 million worth of GBTC on leverage from Genesis subsidiary. However, their stone on encumber component, meaning has not been pledged. And that is a source of liquidity for DCG. If if DCG does need to sell that, then you'd expect a slippage.
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