How Much Did Bullish Buy Coindesk For?
The all-cash deal, whose financial specifics remain undisclosed, signifies a shift in ownership for CoinDesk, previously under Digital Currency Group since a $500,000 purchase in 2016.
![image Davin](https://image.coinlive.com/24x24/cryptotwits-static/452551d8f69058fb1ac891199d6a7b76.jpeg)
The all-cash deal, whose financial specifics remain undisclosed, signifies a shift in ownership for CoinDesk, previously under Digital Currency Group since a $500,000 purchase in 2016.
Crypto prices took a hike recently but while some are optimistic that the crypto bulls are returning, others feel that it is just a bull trap in a bull market. What is your perspective on this?
Digital Currency Group’s liquidity issues may lead to the sale of CoinDesk and other crypto subsidiaries, raising concerns in the industry.
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