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Brian Armstrong revealed Coinbase to buy $500M in cryptocurrency

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Brian Armstrong revealed Coinbase to buy $500M in cryptocurrency
Brian Armstrong revealed Coinbase to buy $500M in cryptocurrency — Newsline.pk/Files

According to Coinbase’s announcement, the company would purchase $500 million in cryptocurrencies and invest 10% of all future profits in cryptocurrencies.

Brian Armstrong, the CEO, made the announcement via his own Twitter account.

Coinbase is one of the most popular cryptocurrency exchanges, and the company enjoys a high level of brand recognition in the business world. The corporation is putting everything it has into the technology it offers, including a significant one-time investment as well as a significant recurrent investment.

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