April 24, 2024

Chainalysis bought Bitcoin

Chainalysis bought Bitcoin

Chainalysis announced the expansion of its long-standing partnership with NYDIG, under which the company will convert part oftheir reserves in bitcoin.

The company did not specify either the size or the average purchase price. It is only known that NYDIG will provide custody services and will accompany future Bitcoin acquisitions.

Michael Gronager, co-founder and CEO of Chainalysis, noted:

Chainalysis is focused on building confidence in cryptocurrency as a digital asset, and we are thrilled to add Bitcoin to our corporate investment portfolio.

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