#digitalcurrency #DCG

The DCG thunder has most likely passed and will not have an impact on the encryption market.

In an article last year, I analyzed DCG’s current debt gap: US$550 million in short-term debt (due in May 2023) + US$1.1 billion in promissory notes (due in 2032), and listed possible self-rescue measures: sell Subsidiaries, selling trusts such as GBTC and finally selling equity in the parent company. Article review link: https://www.odaily.news/post/5184646

Now I basically follow the above process. According to the latest news, DCG began selling trust shares such as ETHE at a discount, and agreed to convert $11 of debt into DCG equity and sell equity in Genesis subsidiaries.

The deep bear has passed and the bull market has arrived🐂