The digital insurer Metromile continues the purchase of Bitcoin worth $ 1 million through Cointelegraph
Digital insurer Metromile enforces a $ 1 million Bitcoin purchase
San Francisco-based tech company Metromile has used 10% of the funds it previously said would be used to buy crypto (BTC).
According to the SEC filing on Tuesday, Metromile reported that it bought $ 1 million in bitcoin in June. However, the company recorded a loss of $ 100,000 on the original crypto purchase and was holding around $ 900,000 in Bitcoin as of June 30, or 25.6 BTC at that time.
Read more on Coin Telegraph
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.
Fusion Media, or anyone involved in Fusion Media, assumes no liability for any loss or damage that might arise from reliance on the information contained on this website, including data, prices, charts, and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment.