Chainalysis Will Add “A Substantial Stake Of Bitcoin” To Its Balance Sheet

0
CryptoMode myNode Bitcoin Full Node Bitcoin Mempool UTXOs Chainalysis

Chainalysis has built up a solid reputation in the crypto and blockchain world. As a blockchain analysis and data platform, the company plays a crucial role. In a recent announcement, the company confirmed it would purchase Bitcoin for the firm’s balance sheet. 

  • Chainalysis is a renowned blockchain analysis firm that helps track suspicious activity involving cryptocurrencies. 
  • The firm has a long-standing partnership with the technology and financial services firm NYDIG. 
  • Chainalysis has been NYDG’s compliance technology partner since 2018. 
  • To strengthen that partnership, Chainalysis will now add Bitcoin to its balance sheet. 
  • The company is committed to Bitcoin for the long term, and making this investment confirms that approach. 
  • Chainalysis aims to acquire a “substantial stake of Bitcoin” through NYDIG’s brokerage services. 
  • The move is a result of Chainalysis’ high expectations for Bitcoin as a leading cryptocurrency. 
  • The cryptocurrency industry enjoys a lot more enthusiasm and trust thanks to the efforts undertaken by companies such as NYDIG and Chainalysis. 
  • Bitcoin has emerged as a solid alternative asset class for consumers, governments, enterprises, banks, and other financial institutions. 
  • The move marks Chainalysis’s first cryptocurrency acquisition, yet the company will pursue other digital assets as potential future investments.
  • More and more companies have continued to add Bitcoin to their balance sheet in recent months.


Looking to advertise? We will gladly help spread the word about your project, company, or service. CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio. Contact us if you have any questions: [email protected]