PayPal’s Crypto Holdings Reach $604M, Bitcoin Dominates At $291M

Global payment giant PayPal Holdings Inc (NASDAQ: PYPL) invested a considerable portion of its financial liabilities in cryptocurrencies such as Bitcoin, as revealed in its recent annual report filed with the U.S. Securities and Exchange Commission (SEC) on Friday. The report stated PayPal held a total of $604 million in various cryptocurrencies including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Litecoin (CRYPTO: LTC) and Bitcoin Cash (CRYPTO: BCH).