Intel Discloses Holding Coinbase Stake in Filing With SEC
Computer chip manufacturer Intel Corp. has revealed it holds a stake in the leading U.S. cryptocurrency exchange, Coinbase. The tech giant purchased the shares worth almost $800,000 after the digital asset trading platform went public earlier this year. Intel Acquires Shares of Crypto Exchange Coinbase Intel has disclosed it owns Coinbase stock in a quarterly report submitted to the U.S. Securities and Exchanges Commission (SEC) on Friday. The Santa Clara, California-based technology company bought the stake following the listing of the cryptocurrency exchange this spring. According to....
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Semiconductor chip manufacturer Intel could be jumping into the crypto space. The company has purchased around $800,000 in exchange Coinbase (COIN) stocks on June 26th, 2021, per a report filed with the U.S. Securities and Exchange Commission (SEC), financial news website Barrons published. According to Form 13F filing with the U.S. regulator, Intel holds 3,014 […]
End of Q2 holdings for Intel showed a small stack of COIN shares, valuing between $500,000 and $1,000,000 at time of publication. Over the course of 2020 and 2021, the cryptocurrency industry has attracted a notable amount of mainstream attention. In line with the growing awareness of the crypto industry, Intel, a tech company with history dating back to the 1960s, revealed an investment in crypto exchange Coinbase (COIN). Although a number of specifics remain unknown, such as when the purchase occurred, required Q2 financial disclosure from Intel showed the outfit carrying 3,014 COIN....
Will the Intel ASIC disrupt the Bitcoin mining game? If Tom’s Hardware numbers are correct, the answer is an unequivocally yes. “The company’s mining hardware could have the best price-to-performance ratio on the market,” says Tom. However, there’s no guarantee that the prices that Intel gave to mining company GRIID will be the same as a general consumer will get. In fact, there’s no guarantee that GRIID is talking about the Intel Bonanza Mine in the SEC documents that this report follows. “A recent SEC filing by one of Intel’s premier partners has revealed both the pricing and....
A man from Missouri is filing a suit against Coinbase for its sale of XRP, a California court filing reveals.
Intel is not done yet. The company’s plan to become a big player in the semiconductor business is even more ambitious than we thought. Today’s news arrives via the WSJ, “Intel Corp. has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc.” Both companies will finance and build a new factory in Chandler, Arizona. Apparently, this is the first of many similar deals for Intel. The company wants to build chip manufacturing capabilities fast and it’s using co-investment as a way to raise money outside of the traditional banking system. For its part,....