Bitcoin's craze is talking to people in the international financial markets including India. Now Bollywood is not untouched by this. Bitcoin has given such a big profit to Big B, and everyone is surprised to hear that.
According to the news of the Economic Times, Bachchan family had made stock investment of about 1.6 crore rupees two and a half years ago, now the value has become around Rs 110 crore.
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It is being said that craze is made in the financial markets of the world about bitcoine. This has happened as soon as possible.
According to the report, in 2015, with the son Abhishek, Amitabh Bachchan had invested 1.6 million rupees in Meridian Tech Pte. The fate of Singapore-based firm last week changed when Meridian's prime asset was bought Ziddu.com by Longfin Corp, a foreign company.
It is reported that this deal happened two days after Longfin Corp's listing on the American Stock Exchange Nasdaq. In May 2015, when the Bachchans had invested in Meridian, Jiddu.com used to be a cloud storage and e-distribution startup.
Later, in December 2017, the company became 'Blockcon Technology Empowered Solutions Provider' and started providing microfinance using cryptocancies. Interestingly, two words of this company's name 'Blockchen' and 'Cryptoconjij' proved magical in the market so that its shares increased more than 1000% between Wednesday and Monday. After this, when Ziddu.com's name was announced, the stock jumped more than 2500%.
Meridian Tech Pte owner Venkat Meenawalli said, "Meridian Tech gave 250,000 shares of Longfin to Bachchan after buying the asset. Longfin had a stock price of $ 70 by Monday, the value of the Bachchan family holding value is 1.75 According to the exchange rate, its value has been around Rs 114 crores.
Longfin claims that the exporters and importer convert Jiddu Coins to isherium and bittoine. Wiki money is used as a working capital to meet this.