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Osprey Vies for Control of Grayscale's Bitcoin Trust; Tron's Justin Sun Offers to Invest Up to $1B on DCG Assets – Bitcoin News

Summary by Ground News
Digital Currency Group (DCG), the parent firm of struggling cryptocurrency lender Genesis, is liquidating some of its holdings. Tron founder and Chinese crypto entrepreneur Justin Sun is prepared to invest $1 billion to acquire the network. DCG is a $50 billion asset management firm that is estimated to be worth $10 billion in 2021.
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Bitcoinist broke the news in on Saturday, January 14, 2023.
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