April 23, 2025
Blockchain

BtcTurk Has Been Claimed To Be Acquired By Cryptocurrency Giant Coinbase! (The huge purchase price also revealed)

  • April 22, 2022
  • 0

BtcTurk, one of Turkey’s largest cryptocurrency exchanges, released some ambitious news today. According to the news based on some sensations from Webrazzi BtcTurkone of the world’s largest cryptocurrency

BtcTurk Has Been Claimed To Be Acquired By Cryptocurrency Giant Coinbase!  (The huge purchase price also revealed)

BtcTurk, one of Turkey’s largest cryptocurrency exchanges, released some ambitious news today. According to the news based on some sensations from Webrazzi BtcTurkone of the world’s largest cryptocurrency exchanges It has managed to get on Coinbase’s radar.† It has been said that Coinbase can buy BtcTurk.

While there was no statement from Coinbase or BtcTurk, the recent vacancy for a Coinbase country manager for Turkey is evidence to back up this news. The price of the purchase for Coinbase $3.2 billion is announced. According to the information obtained from sources close to the companies, part of this price can be paid in shares and the remainder in cash.

The value of BtcTurk even rose to 5 billion dollars.

btcturk

In the aforementioned talks, Coinbase’s purchase of BtcTurk was set for a period of time. up to $5 billion expressed. However, it was stated that this price dropped to $3.2 billion with the depreciation of TL and the decline of Bitcoin. If the said purchase is realized, Coinbase will have made the largest purchase in its history.

Founded in 2012, Coinbase has a market cap of $33 billion today. The giant name followed and used by cryptocurrency investors, By publishing the NFT market He had entered the world of NFT in the first person. Last year, the company offered the option to buy cryptocurrencies with a credit or debit card in Turkey.

Source: Web Tekno

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