As prices soar, Chainalysis will add Bitcoin to its balance sheet

Chainalysis, a blockchain analysis company, plans to purchase an unknown amount of Bitcoin for the company’s balance sheet through the brokerage service of the New York Digital Investment Group.

In a blog post on Tuesday, Chainalysis Said It will expand its partnership with the New York Digital Investment Group (NYDIG) to purchase an undisclosed amount of Bitcoin (Bitcoin), the price hit a five-month high of $63,293 earlier on Tuesday. The company stated that, in addition to NYDIG’s expertise in the digital asset sector, the purchase was “received by strong confidence in Bitcoin.”

Michael Gronager, Co-founder and CEO of Chainalysis, said: “Chainalysis is committed to building trust in cryptocurrencies as digital assets, and we are very happy to add Bitcoin to our corporate portfolio.” “This is Chainalysis’s first acquisition of cryptocurrencies. Currency, we will continue to seek other digital assets as potential investments in the future.”

Following $100 million financing round In June, Chainalysis was valued at US$4.2 billion.The company’s data is often used as a ransomware hacker this year Request payment in cryptocurrency Intensified their attacks. The company recently investigated the Russian business Suex OTC Goals of the U.S. Treasury Department with Acquired Excygent, a cybercrime investigation company Earlier this month.

related: Chainalysis has the “strong momentum” of cryptocurrency, thanks to its multi-billion dollar valuation

Chainalysis’s Bitcoin investment will follow the purchases of companies such as Tesla, Square, Voyager Digital, Galaxy Digital, and MicroStrategy. TonBusiness intelligence company holds 114,042 BTC, Valued at over 7 billion U.S. dollars at the time of publication.The automaker Tesla currently Holds an estimated 43,200 BTC, Or approximately US$2.7 billion.