Chainalysis Adds Bitcoin to Balance Sheet
The crypto tracing firm didn’t disclose how much it bought but said NYDIG facilitated the purchase.
Updated May 11, 2023 at 7:04 p.m. UTC
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Crypto tracer Chainalysis has added bitcoin to its corporate balance sheet.
- The $4.2 billion software company said Tuesday it purchased an undisclosed amount of BTC through NYDIG, an institutional bitcoin management firm popular on Wall Street.
- CEO Michael Gronager called it Chainalysis’ first crypto buy: “We will continue to pursue other digital assets as potential future investments,” he said in a statement.