• 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.
  • At March 31, when the price of a single bitcoin was roughly around $58,000, Globant’s holdings of the leading cryptocurrency was worth $500,000. Bitcoin is currently trading at about $34,000.
  • The company didn’t disclose what it paid for each coin.

CORRECTION (May 29, 22:00 UTC): Corrects amount of bitcoin purchased.