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Coinbase Brokered MicroStrategy's $425M Bitcoin Purchase, Exchange Says

The revelation is a notable public relations win for Coinbase CEO Brian Armstrong.

By Sebastian Sinclair
Updated Sep 14, 2021, 10:36 a.m. Published Dec 1, 2020, 12:00 p.m.
LOW KEY: MicroStrategy, led by Michael Saylor (left), hired Brian Armstrong's Coinbase to help it buy large quantities of BTC without moving the market.
LOW KEY: MicroStrategy, led by Michael Saylor (left), hired Brian Armstrong's Coinbase to help it buy large quantities of BTC without moving the market.