Tesla Tapped Coinbase for $1.5 Billion Bitcoin Purchase: Report

HomeCrypto News

Tesla Tapped Coinbase for $1.5 Billion Bitcoin Purchase: Report

Coinbase’s institutional buying and selling wing dealt with electrical car-maker Tesla’s $1.5 billion bitcoin funding earlier this month, in line w


Coinbase’s institutional buying and selling wing dealt with electrical car-maker Tesla’s $1.5 billion bitcoin funding earlier this month, in line with The Block.

The report illustrates Coinbase’s rising function as company America marches deeper into crypto. Coinbase dealt with MicroStrategy’s early allocations and The Block reported it has 5 Fortune 500 companies as shoppers.

CoinDesk couldn’t independently affirm the report at press time Wednesday. Coinbase declined to remark.



www.coindesk.com