Thorn said his research suggests 75% of creditors will be taking the “early” payout in July, meaning a distribution of about 95,000 coins. Of that, Thorn believes 65,000 coins will be going to individual creditors, but he thinks they may prove more “diamond-handed” than most expect. Among the reasons, he said, is that they’ve already resisted years of “compelling and aggressive offers from claims funds,” not to mention the capital gains taxes involved given bitcoin is up 140-fold since the bankruptcy.
Related Posts

Europe’s Insurance Regulator Wants 100% Crypto Asset Coverage — Here’s What It Means
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The European Insurance and Occupational Pensions Authority…

Is Bitcoin’s Bull Market Truly Back?
Following a sharp multi-week selloff that dragged Bitcoin from above $100,000 to below $80,000, the recent price bounce has traders…

CoreWeave Goes Public at $40 Per Share, Raises $1.5 Billion
Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion,…