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in Crypto News, News

Tesla Tapped Coinbase for $1.5B Bitcoin Buy: Report

by btcethereumadmin February 17, 2021, 7:55 pm 1.5k Views

tesla-tapped-coinbase-for-$1.5b-bitcoin-buy:-report

Coinbase is emerging as a major player in corporate America’s march toward bitcoin.

Feb 17, 2021 at 6:42 p.m. UTCUpdated Feb 17, 2021 at 7:36 p.m. UTC

Tesla Tapped Coinbase for $1.5B Bitcoin Buy: Report

Coinbase’s institutional trading wing handled electric car-maker Tesla’s $1.5 billion bitcoin investment earlier this month, according to The Block.

The report illustrates Coinbase’s growing role as corporate America marches deeper into crypto. Coinbase handled MicroStrategy’s early allocations; The Block reported it has five Fortune 500 firms as clients.

CoinDesk could not independently confirm the report at press time Wednesday. Coinbase declined to comment.

https://www.coindesk.com/tesla-coinbase-bitcoin-buy

Written by btcethereumadmin

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