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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Rakin343 on March 10, 2021, 11:46:56 PM

Title: Bitcoin on the Balance Sheet? Corporate Buying Might Become a Global Trend
Post by: Rakin343 on March 10, 2021, 11:46:56 PM

Bitcoin and ether purchases by companies in Scandinavia and Hong Kong are fueling speculation a wave of non-U.S. corporate treasurers might follow MicroStrategy, Tesla and Square into buying cryptocurrencies, according to a new report by the Norwegian analysis firm Arcane Research.
Hong Kong-listed Meitu, a maker of photo-retouching software, said it bought 15,000 ETH and 379 BTC in open-market transactions last week. Arcane figures the company paid an average $47,230, well below the current market level of around $57,000.  more information (https://cryptonews.net/484774/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)