American crypto exchange Coinbase helps large companies invest in bitcoin.
This month, Teslareleased a financial report stating that the company had invested $1.5 billion in Bitcoin as part of a "new investment policy to increase profits fromfunds in reserve."
TheBlock's source reports that the purchase process was stretched out for several days in the first week of February, and was carried out on the over-the-counter platform Coinbase.
Likewise, Coinbase handled a purchaseMicroStrategy. The investment amount was split into many small orders, which were placed over several days. This is done in order to minimize the impact on the BTC price.
According to the source, Coinbase serves at least five other Fortune 500 companies.
Recall that in December, the American crypto exchange announced its intention to conduct a public offering of shares through a direct listing.
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Based on materialswww.theblockcrypto.com
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