Intel discloses small stake in crypto exchange Coinbase

Reuters2021-08-14

Aug 13 (Reuters) - Intel Corp on Friday disclosed a stake worth less than a million dollars in U.S. cryptocurrency exchange Coinbase Global Inc.

The chipmaker held about 3,014 shares of Coinbase's Class A common stock as of June 30, Intel said in a regulatory filing. The Coinbase shares would be worth around $788,191, based on trading price of $261.51 at 15:01 pm ET on Friday.

Intel did not immediately respond to Reuters request for comment.

Major players have doubled down on crypto holdings including star stock picker Cathie Wood and Tesla Inc Chief Elon Musk.

One of the largest cryptocurrency exchanges in the world, Coinbase went public through a direct listing in April, which saw its valuation rise to as high as $112 billion on the first day of trading.

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精彩评论

TVermeulen
2021-08-16
TVermeulen
It will go up some more
peterongwk
2021-08-15
peterongwk
Up
- peterongwk:
  Nice
Deonc
2021-08-15
Deonc
Great
pekss
2021-08-15
pekss
Surprised that Intel will bother to hold such a small stake that will not move the needle for its bottom line
Rickyt089
2021-08-15
Rickyt089
Like pls
SteadyDoesIt
2021-08-14
SteadyDoesIt
Everybody is piling into the bitcoin trade nowadays

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