Crypto Conglomerate Digital Currency Group Reports Loss of $1.1B in ‘Challenging’ 2022

Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group

From a consolidated balance sheet perspective, DCG held total assets of $5.3 billion as of Dec. 31, 2022, the report said. This included cash and cash equivalents of just $262 million. Investment assets, including tokens, Grayscale trust shares, venture, and fund investments, amounted to $670 million. The remaining assets consist mostly of Grayscale and Foundry, according to DCG.

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