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

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