BitOne Capital | Information technology and software development firm Globant bought 500 bitcoin (BTC, -5.55%) in the quarter ended March 31, according to a company filing made this week with the U.S. Securities and Exchange Commission

May 29, 2021

by Kevin Reynolds in Most Useful

| 171 views | May 29, 2021 | 1:03 pm

With the purchase, the Luxembourg-based firm becomes the latest company to hold cryptocurrency on its balance sheet, following in the footsteps of firms like MicroStrategy and Tesla.
Based on the recent price of bitcoin, that 500 of the leading cryptocurrency is worth a total of $17.3 million. The company didn’t disclose what it paid for each coin.

CORRECTION (May 29, 18:37 UTC): Corrects total current price of bitcoin held.

Information technology and software development firm Globant bought 500 bitcoin (BTC, -5.55%) in the quarter ended March 31, according to a company filing made this week with the U.S. Securities and Exchange Commission