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Is the Stock Market Getting Ahead of Itself? (EP.293)

Animal Spirits Podcast

CHAPTER

GBTC - Is DCG a Parent Company?

Genesis owes its largest 50 creditors $3.5 billion, according to a filing. DCG owns 67 million shares of GBTC, which is around the 10th of all shares outstanding. This might explain why the spreads widened so aggressively and clears a large overhang from the future.

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