In its latest quarterly report filed with the SEC, PayPal reported that it holds approximately a billion dollars worth of crypto assets as of Q1 2023, showing a 56% increase from the previous quarter. The growth is most likely attributed to Bitcoinโs impressive 80% rally since the start of the year.
The majority of the companyโs crypto holdings were in #Bitcoin and #Ethereum, with the split as seen below.
#diversification #crypto
