Cointelegraph Reportedly Seeks Buyer as Bitcoin (BTC) Languishes Near $83K
Key Takeaways
- •Cointelegraph, a cryptocurrency and blockchain news outlet founded in 2013, is reportedly shopping itself to potential buyers, according to an anonymous source.
- •The company has not confirmed that a sale process is underway, and no asking price has been made public.
- •As one of the most established media brands in the digital-asset sector, a completed ownership change would be a notable development for crypto-focused media.
- •The reported effort to find a buyer comes as bitcoin, the largest cryptocurrency by market capitalization, languishes near $83,000.
- •Developments to watch include a statement from Cointelegraph, disclosure of an asking price, or the identification of a potential buyer.
Cointelegraph, one of the longest-running news outlets covering cryptocurrency and blockchain technology, is shopping itself to potential buyers, according to a person familiar with the effort. The individual spoke on condition of anonymity because the matter is private.
No asking price has been made public, and the company has yet to confirm that a sale is underway. In the absence of confirmation, the developments to watch include a statement from Cointelegraph, disclosure of an asking price, or the identification of a potential buyer.
Founded in 2013, Cointelegraph operates as an independent digital publication focused on cryptocurrencies, blockchain technology, and the broader digital-asset industry, and ranks among the most established media brands in the sector — a standing that would make a completed change of ownership a notable development for crypto-focused media.
The reported effort to find a buyer comes as bitcoin (BTC), the largest cryptocurrency by market capitalization, languishes near $,000.
This report was first published on COINOTAG: https://en.coinotag.com/cointelegraph-seeks-buyer-as-bitcoin-near-83k
