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Coinbase to add $500,000,000 of crypto to balance sheet and put 10% of profits into crypto moving forward

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by COINS NEWS 161 Views

CEO of Coinbase: “We recently received board approval to purchase over $500M of crypto on our balance sheet to add to our existing holdings. And we'll be investing 10% of all profit going forward in crypto. I expect this percentage to keep growing over time as the cryptoeconomy matures.”

Edit: Via Brian Armstrong’s Twitter

submitted by /u/mertzii-_-
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