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Grayscale Bitcoin Cash Trust (OTC:BCHG), currently valued at $202.63 million and trading at $4.11, announced Monday that Simon Koster has been appointed to the board of directors of GSO Intermediate Holdings Corporation, replacing Matthew Kummell, who has stepped down from the role. The trust, which has seen a significant 55.23% price increase over the past six months despite an 18.1% year-to-date decline, disclosed these changes in a statement based on a filing with the Securities and Exchange Commission.
Koster currently serves as Chief Strategy Officer at Digital Currency Group, Inc. In this position, he leads the investment team managing a portfolio of digital assets, wholly owned subsidiaries, and over 250 early-stage companies across more than 35 countries. According to InvestingPro analysis, the trust maintains a "Fair" overall financial health score, with several additional metrics and insights available to subscribers. Before this role, Koster was CEO of Real Estate at Digital Currency Group and previously held the position of CEO at The Collective. He has also worked for a decade at JDS Development Group, focusing on residential, hospitality, and mixed-use projects in New York City and Miami. For deeper insights into BCHG’s performance metrics and additional investment analysis, investors can access more detailed data through InvestingPro, which offers exclusive ProTips and comprehensive financial indicators.
Koster holds a Bachelor of Science from Rutgers University and a master’s degree in engineering from the University of Michigan. He currently serves on the boards of Foundry and Luno, both since 2023, as well as Fortitude since 2024 and Yuma since 2025. Each of these companies is affiliated with Grayscale.
The announcement was made by Grayscale Investments Sponsors, LLC, the sponsor of the trust, and is effective as of Monday. The information is based on a press release statement and regulatory filing.
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