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2021-12-24 21:20:49 Coinbase is buying $500 million in crypto and investing future profits into a crypto portfolio

Coinbase will buy $500 million in crypto on its balance sheet and allocate 10% of its quarterly profits into a crypto assets portfolio, company executives announced late Thursday.

The company plans to invest in "Ethereum, Proof of Stake assets, DeFi tokens, and many other crypto assets supported for trading on our platform," becoming the first public company to do so, finance chief Alesia Haas said in a blog post.

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https://t.me/milly_walker Abrir / Cómo

2021-12-24 21:12:55 To invest is to allocate money with the expectation of a positive benefit/return in the future. In other words, to invest means owning an asset or an item with the goal of generating income from the investment or the appreciation of your investment which is an increase in the value of the asset over a period of time. When you invest it always requires a sacrifice of some present asset that you own today such as time, money, or effort.
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2021-12-24 21:08:31 Abrir / Cómo

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