08-20-2021, 09:02 PM
Coinbase to add $500,000,000 of crypto to balance sheet and put 10% of profits into
<!-- SC_OFF --><div class="md"><p>CEO of Coinbase: “We recently received board approval to purchase over $500M of crypto on our balance sheet to add to our existing holdings. And we'll be investing 10% of all profit going forward in crypto. I expect this percentage to keep growing over time as the cryptoeconomy matures.”</p> <p>Edit: Via Brian Armstrong’s Twitter</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mertzii-_-"> /u/mertzii-_- </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p7pxrd/coinbase_to_add_500000000_of_crypto_to_balance/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p7pxrd/coinbase_to_add_500000000_of_crypto_to_balance/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>CEO of Coinbase: “We recently received board approval to purchase over $500M of crypto on our balance sheet to add to our existing holdings. And we'll be investing 10% of all profit going forward in crypto. I expect this percentage to keep growing over time as the cryptoeconomy matures.”</p> <p>Edit: Via Brian Armstrong’s Twitter</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mertzii-_-"> /u/mertzii-_- </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p7pxrd/coinbase_to_add_500000000_of_crypto_to_balance/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p7pxrd/coinbase_to_add_500000000_of_crypto_to_balance/">[comments]</a></span>Kind Regards R