Barry E. Silbert and Mark Murphy Step Down, Mark Shifke is Named Chairman!

Barry E. Silbert and Mark Murphy Step Down, Mark Shifke is Named Chairman!

Grayscale Bitcoin Trust’s sponsor, Grayscale Investments, LLC, revealed on December 26, 2023, that Barry E. Silbert and Mark Murphy will be resigning from the board of directors of the sponsor efficient January 1, 2024. The sole members of the sponsor designated Mark Shifke, Matthew Kummell, and Edward McGee to the board efficient January 1, 2024. Shifke will be successful Silbert as chairman of the board. The brand-new board includes Shifke, Kummell, Michael Sonnenshein, and McGee, who likewise keep their officer functions under the sponsor’s minimal liability business arrangement.

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