First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears

First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears


Mike Dershewitz, head of risk committee at Arca Funds, wrote Monday: “DCG can also sell off a portion of its Grayscale equity. Assuming $300M in annual net income, this cash flow stream should be worth at least $2.5B, depending on how a would-be investor/buyer values the longevity of this cash-flow stream.”

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