Tesla Tapped Coinbase for $1.5B Bitcoin Buy: Report

Coinbase is rising as a main player in corporate The united states’s march toward bitcoin.

Tesla Tapped Coinbase for $1.5B Bitcoin Purchase: File

Coinbase’s institutional buying and selling waft handled electric vehicle-maker Tesla’s $1.5 billion bitcoin funding earlier this month, in accordance to The Block.


The document illustrates Coinbase’s increasing position as corporate The united states marches deeper into crypto. Coinbase handled MicroStrategy’s early allocations; The Block reported it has five Fortune 500 corporations as purchasers.

CoinDesk may maybe not independently verify the document at press time Wednesday. Coinbase declined to observation.

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