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CoinGape

2023-01-18 09:34:58

Digital Currency Group Halts Quarterly Dividends Amid Genesis Lawsuit

Digital Currency Group Halts Quarterly Dividends Amid Genesis Lawsuit

Digital Currency Group (DCG) announced that it is suspending its quarterly dividend payouts, “until further notice” as it aims to preserve liquidity. The firm cited that it is currently focusing on “strengthening our balance sheet by reducing operating expenses and preserving liquidity,” written in the letter shared with stakeholders dated Jan 17, as per a The post Digital Currency Group Halts Quarterly Dividends Amid Genesis Lawsuit appeared first on CoinGape .

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