Bitcoin rally leads Grayscale’s parent company DCG to profitability

After a tumultuous 2022, Digital Currency Group (DCG), the venture capital firm behind Grayscale Investments, has seen its fortunes revive as the company's Q4 revenue for 2023 surged by 59% to $210 million, primarily fueled by the Bitcoin rally, according to Bloombergs Monday report.The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached $99 million for... source: https://cryptobriefing.com/bitcoin-rally-leads-grayscales-parent-dcg-profitability/?utm_source=cryptopanic&utm_medium=rss