Bobby Halpern, principal of Toronto-based Halpern & Co., acquired Bitbuy toward the end of 2018, when the exchange had about 500 customers and bitcoin prices were crashing. The company now has over 375,000 Canadian customers and generated over C$31 million ($24 million) in revenue during the 12-month period ending Sept. 30, according to the statement.
Related posts
-
Intimidating Wallet Interfaces Hinder Adoption of Defi Lending Protocols, Says Crypto Veteran
Decentralized finance (defi) has improved efficiency, inclusivity, and performance... -
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
Please note that our privacy policy, terms of use, cookies, and do not sell my personal... -
Mt. Gox Doomsday Scenario Involves Bitcoin Cash (BCH), not Bitcoin (BTC)
In addition to the roughly $9.5 billion in BTC the former exchange will send back to...