BitDigest October 15 · Issue #763

• Crypto prices slide for second day
• The Mt. Gox Trustee needs more time and will only release the rehabilitation plan in December
• NY DFS Calls for regulation and the “Systematically Important” designation to be given to top social media sites

Weekly Stock Review

Highlights from the North American listed crypto, blockchain and mining stocks:

• Grayscale’s Bitcoin Cash Trust (OTCQX: BCHG) was the top performing asset of the week returning 68.9%
• Ebang Holdings (NASDAQ: EBON) announced it has issued a tender offer to acquire a regulated New Zealand wealth management firm.
• Grayscale announced average weekly investments over the past 12 months include $39.5 million into the Grayscale Bitcoin Trust (OTCQX: GBTC), $9 million into the Grayscale Ethereum Trust (OTCQX: ETHE), $1.1 million into the Grayscale Digital Large Cap Fund (OTCQX: GDLC), and $2 million into its other three offerings.
• Marathon Patent Group (NASDAQ: MARA) announced the formation of a JV with Beowulf Energy to locate 1.265 EH/s in new mining equipment to Montana and access lower cost (>$0.3/kWh) energy.
• Hut 8 Mining (TSX: HUT) has completed the TSX Sandbox Program solidifying its status on the senior market exchange
• Bitfarms (TSXV: BITF) has entered into an equipment lease agreement to aqcuire an additional 1,000 WhatsMiner M21S rigs adding 72 PH to the company’s installed computing power
• Galaxy Digital Holdings (TSX: GLXY) reported assets under management of $407.4 million as of the end of Q3
• The premium to NAV for Grayscale’s Ethereum Classic Trust (OTCQX: ETCG) turned negative and is posting at -2.44%. It was also the worst performing stock on the weekly chart, dropping -1.6%
• Bitcoin returned 7% over the past 7-days

The Headlines

Market Data

Exchange, Custody and Product News

Thoughts on the Ecosystem