All-Cash Deal: Bitcoin Exchange Bitstamp Acquired by Belgian Investment Firm

Bitcoin Exchange Bitstamp Acquired by Belgian Investment Firm in All-Cash Deal

Bitstamp, one of the oldest and largest bitcoin exchanges, has been acquired by Belgian investment firm NXMH. Fortune reports that the Brussels-based NXMH purchased an 80 percent ownership stake in the Luxembourg-based cryptocurrency exchange, which launched in 2011, shortly after the first “bitcoin bubble” drove the bitcoin price up as high as $31 and then … Continue reading Bitcoin Exchange Bitstamp Acquired by Belgian Investment Firm in All-Cash Deal