TheNFAPost Podcast

Intel has invested worth of about 3,014 shares of Coinbase’s Class A common stock as of June 30, Intel said in a regulatory filing.

The Coinbase shares would be worth around $788,191, based on trading price of $261.51 at 15:01 pm ET on Friday. Coinbase is one of the largest cryptocurrency exchanges in the world, it went public through a direct listing in April, which saw its valuation rise to as high as $112 billion on the first day of trading.

It comes amid a surge in the value of cryptocurrencies which has lured a clutch of mainstream, top-tier firms that have dived into the space.

Coinbase’s stock opened at $381 per share, up 52.4% from a reference price of $250 per share set on Tuesday though only 10.9% above the $343.58 volume-weighted average price Coinbase’s shares were trading at privately in the first quarter of 2021.

Previous articlePaytm’s Devices help Company Grow Popularity With merchants
Next articleBWC Pays Tributes To ISRO, Unveils Watches Made Out Of Outer Space Rocks


Please enter your comment!
Please enter your name here