Reports suggest that a mainstream tech giant holds shares of Coinbase stock

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End of Q2 holdings for Intel showed a small stack of COIN shares, valuing between $500,000 and $1,000,000 at time of publication.
Over the course of 2020 and 2021, the cryptocurrency industry has attracted a notable amount of mainstream attention. In line with the growing awareness of the crypto industry, Intel, a tech company with history dating back to the 1960s, revealed an investment in crypto exchange Coinbase (COIN). Although a number of specifics remain unknown, such as when the purchase occurred, required Q2 financial disclosure from Intel showed the outfit carrying 3,014 COIN shares at Q2’s conclusion, according to a Friday article from Barron’s. “Intel was obligated to disclose the stake to the Securities and Exchange Commission because it owns more than $100 million in publicly traded investments,” Barron’s noted. The disclosure from Intel went public on Aug. 13, according to the article. Coinbase too

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Źródło: https://cointelegraph.com/news/a-mainstream-tech-giant-holds-shares-of-coinbase-stock

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