Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- eBay Inc (NASDAQ:EBAY) inked an agreement with Permira to sell 125 million shares of its stake in Adevinta ASA (OTC:ADEVF) for $2.25 billion. The price represents a 7% discount to the 10-day volume-weighted average price (VWAP) of Adevinta shares as of July 12.
- The transaction is likely to close in Q4 2021.
- It will reduce eBay's ownership stake in Adevinta from 44% to 34%.
- eBay has granted Permira a 30-day option to purchase 10 million additional shares.
- eBay agreed to reduce its ownership in Adevinta as ordered by the Austrian regulators.
- Price action: EBAY shares closed lower by 0.33% at $68.74 on Tuesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!