Express

Coinbase CEO: Coinbase Will Invest 10% of All Profits Going Forward in Crypto

Amy Liu

Summary: Coinbase CEO Brian Armstrong just tweeted that they recently received board approval to purchase over $500M of crypto on their balance sheet to add to their existing holdings. And they will be investing 10% of all profit going forward in crypto. He expects this percentage to keep growing over time as the cryptoeconomy matures. By ...

Coinbase CEO Brian Armstrong just tweeted that they recently received board approval to purchase over $500M of crypto on their balance sheet to add to their existing holdings. And they will be investing 10% of all profit going forward in crypto. He expects this percentage to keep growing over time as the cryptoeconomy matures.

By Amy Liu

Last Update:

Tags: ,,
Link: Coinbase CEO: Coinbase Will Invest 10% of All Profits Going Forward in Crypto   [Copy]
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 2 days ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 5 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 6 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 9 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 10 days ago
  • You need to login to comment.