Coinbase Brokered MicroStrategy’s $425M Bitcoin Purchase, Companies Reveal – CoinDesk
U.S. cryptocurrency platform Coinbase facilitated MicroStrategy’s $425 million bitcoin buy earlier this year. In an announcement Tuesday, both companies revealed that MicroStrategy’s initial $250 million investment, which occurred over a five-day period in August, came via Coinbase Prime, the exchange’s crypto brokerage arm formed following the acquisition of Tagomi in May.
