Will Telegram’s Crypto Holdings Keep Rising After Reaching $1.3B in H1 2024?
Telegram’s total cryptocurrency holdings hit $1.3 billion in the first half of 2024, which was $400 million at the end of the year 2023. This growth was fueled by Toncoin sale and some other financial activities highlighted the company as one of the major players in the digital asset ecosystem. The recent report has sparked discussions if Telegram’s crypto holdings could continue to grow at this pace.
Telegram’s $1.3B Crypto Holdings Mark 3X Growth in Just Six Months
In a recent publication, Telegram has ramped up its crypto position and tripled it during the first half of 2024. The company’s holding grew from $400 million at the end of the fiscal year of 2023 to $1.3 billion…