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.
- Indian digital payments startup, Paytm, plans to raise $2.2 billion in an initial public offering, TechCrunch reports.
- Alibaba Group Holding Ltd (NYSE:BABA) and Ant Financial own 36% of Paytm. Berkshire Hathaway (NYSE: BRK-B) and SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) held an 18% stake.
- The startup, which competes with PhonePe and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Pay, plans to offer a share sale worth $1.1 billion.
- Paytm may raise $268 million in a pre-IPO round.
- It plans to use the fresh capital of $577 million to broaden its payments services offering and about $269 million to enter into new initiatives and explore acquisition opportunities.
- Paytm was last valued at $16 billion.
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.
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