Grayscale Investments is being sued by Fir Tree Capital Management for information in order to investigate potential mismanagement and conflicts of interest at its $10.7 billion Bitcoin fund. According to a complaint filed Tuesday in Delaware Chancery Court, the Grayscale Bitcoin Trust closed Monday at a 43% discount to the value of the Bitcoin it holds, in part because the firm issued many shares in the past few years and did not redeem any of them. According to people familiar with the hedge fund’s plans, Fir Tree, which manages $3 billion, intends to use the information to pressure Grayscale to eliminate the discount by lowering fees and resuming redemptions. According to the complaint, the trust has approximately 850,000 retail investors who have been “harmed by Grayscale’s shareholder-unfriendly actions.”