Nasdaq-listed business intelligence firm MicroStrategy added a total of 7,002 bitcoins to its treasury for about $414 million in cash during its fiscal fourth quarter. The move brings MicroStrategy’s total BTC holdings to 121,044 coins worth over $6.9 billion.
Digital asset manager Grayscale is launching a new product offering investors exposure to Ethereum rival Solana. The Solana Trust is going to be Grayscale’s 16th product offering catering to institutional and high-net-worth investors.
Publicly-traded cryptocurrency exchange Coinbase has announced it has acquired Unbound Security, a Tel Aviv firm that uses a new type of cryptography to store digital assets. The price of the acquisition has not been disclosed.
This week we are taking a look at existing brands that are getting involved with the NFT ecosystem, from eBay to Shopify and Twitter - brought to you in partnership with NFT data and discovery platform Masterpiece.
Top stories in the Crypto Roundup today:
- MicroStrategy Adds 7,000 BTC to Its Treasury
- Grayscale Launches Trust Offering Exposure to Solana
- Coinbase Acquires Israeli Cybersecurity Firm
- NFT Spotlight: Traditional Brands