Veono Technologies made $69 million in 3 months on bitcoin investments
In Q2 2021 the public company bought 4,352 bitcoins at an average price of $3,470
In September 2021, the company continued to ramp up its investments in its first cryptocurrency, purchasing another 1,050 bitcoins worth about $45.36mn at an average price of $43200
The total amount invested was approximately $191mn and the value of the portfolio currently stands at over $260mn. The company’s earnings from bitcoin investments amounted to $69 mln.
Veono Technologies has 4402 coins in its assets. Also, the company is going to increase investments not only in bitcoin but also in other coins, in particular Ethereum, Solana, Uniswap.
Connect to Veono on their Official Website: https://veono.org/