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Grayscale parent company DCG released Q1 financial report: revenue of US$229 million, a year-on-year increase of 51%

2024-05-09 16:11
Odaily Planet Daily News Grayscale's parent company DCG released its Q1 financial report, and data showed that driven by the rise in cryptocurrency prices, revenue was $229 million, a year-on-year increase of 51%. According to an investment letter, Grayscale's revenue was $156 million, the same as the previous quarter. The rise in Bitcoin prices led to a reduction in its fee income and the impact of capital outflows. (The Information)