Intel has invested more than half a million dollars in cryptocurrencies

Intel has invested more than half a million dollars in cryptocurrencies

Thanks to some documents released by Intel to the American Commission for Securities and Exchanges, it was discovered that the colossus of Santa Clara holds the beauty of 3014 class A shares of Coinbase, a company active since 2012 in the exchange of digital assets, for a total value of $ 763,000. Barron's also pointed out that the investment took place once the shares were made available to the public, which certainly did not go unnoticed: when Nasdaq made the shares of Coinbase available, Bitcoin immediately jumped to its maximum. historical value of $ 64,000.

As for Coinbase, the shares reached the value of $ 430 on the same day they were made public, keeping the same line for a couple of days and to settle after the present value of $ 254. Based on this and what has been declared to the Commission, Intel should have a return on its investment of 4.063 dollars: although for such a company this figure may seem negligible, what needs to be focused on is the fact that a company how Intel managed to glimpse the potential in Coinbase, which although it does not enjoy the same reputation as when Bitcoin was at its peak, could still offer many surprises to new investors.

Cryptocurrency is a still very unexplored path , in which the slightest distraction is enough to find yourself, literally, at the bottom of a ditch. But with a minimum of study, attention and even the right amount of luck, it is also possible to understand the deepest mechanisms of a sector that is gaining ground more and more rapidly even within everyday life.

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