Coinbase hints at Bitcoin treasury as COIN stock reaches new heights

Coinbase CEO Brian Armstrong has revealed that the exchange is steadily acquiring Bitcoin weekly, signaling what many believe could be the early stages of a treasury-building effort. Armstrong shar...

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Coinbase hints at Bitcoin treasury as COIN stock reaches new heights

Source: CryptoSlate

Coinbase CEO Brian Armstrong has revealed that the exchange is steadily acquiring Bitcoin weekly, signaling what many believe could be the early stages of a treasury-building effort. Armstrong shared the update on June 27, stating that Coinbase has adopted a “Long Bitcoin” strategy. However, he stopped short of confirming whether these acquisitions are explicitly intended […]