September 19, 2021

Intel holds Coinbase shares

Intel holds Coinbase shares

At the end of Q2 2021, Intel held between $ 600,000 and $ 1,000,000 of COIN shares.

In 2020 and 2021, many large corporations are interested in cryptocurrencies. Some of them bought bitcoin directly, some invested in bitcoin mining, and Intel acquired shares of the Coinbase exchange.

The company did not disclose the exact date of the purchase, but indicated that it holds 3,014 COIN shares.

It is possible that Intel invested in Coinbase beforethe entry of the exchange to the public market. Companies that go public are required to disclose the names of only those investors who hold 5% or more of the shares.

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According to the materials cointelegraph.com