{"id":43122,"date":"2021-05-25T11:44:29","date_gmt":"2021-05-25T08:44:29","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43122"},"modified":"2025-08-31T02:15:52","modified_gmt":"2025-08-30T23:15:52","slug":"it-firm-globant-invested-500000-in-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/it-firm-globant-invested-500000-in-bitcoin\/","title":{"rendered":"IT firm Globant invested $500,000 in Bitcoin"},"content":{"rendered":"

The IT and software development company Globant announced investments in the primary cryptocurrency. This is disclosed indocuments<\/a> filed with the U.S. Securities and Exchange Commission.<\/p>\n

<\/p>\n

In the “Intangible assets” section, the firm noted that during the first quarter of 2021 it acquired digital gold for $500,000.<\/p>\n

\n

“Bitcoin is a cryptocurrency that is considered an indefinite intangible asset, since it has no physical form and no restrictions on the duration of its use,” Globant said.<\/em><\/p>\n<\/blockquote>\n

Earlier, Nasdaq-listed Argentine company Mercado Libre said that in the first three months of 2021 it bought Bitcoin for $7.8 million.<\/p>\n

In April, game publisher Nexon<\/a> announced the purchase of 1,717 BTC<\/a> at an average price of about $58,226. Investments in digital gold of $100 million accounted for less than 2% of the company’s total funds.<\/p>\n

In May, the analytics software developer MicroStrategy additionally invested $10 million<\/a> in the primary cryptocurrency. As of writing, the firm owns 92,079 BTC worth nearly $3.6 billion, according to Bitcoin Treasuries<\/a>.<\/p>\n

Earlier in the month, fintech company Mogo<\/a> announced the acquisition of 146 ETH, 18 BTC and 19.99% of the shares of Canada’s leading cryptocurrency exchange Coinsquare.<\/p>\n","protected":false},"excerpt":{"rendered":"

Globant, an information technology and software development company, announced investments in the primary cryptocurrency. This is described in documents filed with the U.S. Securities and Exchange Commission.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,52],"class_list":["post-43122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=43122"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43122\/revisions"}],"predecessor-version":[{"id":43123,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43122\/revisions\/43123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=43122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=43122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=43122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}