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Crypto

Tap Global Buys 3 Bitcoin at Below-All-Time-High Prices

Guavy AI Editorial Team
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BTC
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Tap Global Group has made its first purchase under its Digital Asset Income Strategy, acquiring 3 Bitcoin for £189,395 at an average price of £63,132 per coin.

The company purchased the coins on its own platform using its trading desk and plans to deploy them through its Tap Earn program, which offers returns of up to 8% annualized on supported stablecoins and 2.5% on BTC.

Tap Global's CEO, Arsen Torosian, said that the company is buying roughly a third below Bitcoin's all-time high of around $126,000.

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