Grey release: 10% of GBTC base bitcoin to be split into mini-trusts, resulting in a net worth 10% lower than the previous day
Grey release posted on the X platform that 10% of GBTC's basic bitcoin will be split into mini-trusts, resulting in a net worth 10% lower than the previous day. GBTC shareholders will receive the split proceeds without taking any action, and will be entitled to a 1:1 ratio of mini-trust shares, while the overall exposure to bitcoin will remain unchanged.