The Smarter Web Company adds 83 BTC, holdings reach 2,830 coins
- —Bought 83 BTC for £5.2 million at £62,676 per coin
- —Total bitcoin holdings now stand at 2,830 BTC
- —Net average purchase price is £81,979 per BTC
- —Coinbase credit balance to fall from £17 million to £16 million
Why it matters: Another corporate treasury purchase underscores steady institutional demand for bitcoin, while the Coinbase debt highlights leverage risks in the strategy.
Source: PANews
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