Coinbase Global Inc., one of the greatest exchanges of American cryptocurrency, revealed that it was once considered as a Bitcoin purchasing strategy with high issues similar to that of Michael Saylor, the founder of the strategy.
However, the company finally decided not to go to Bitcoin, citing concerns concerning the risks of its starting status and financial stability.
Coinbase has chosen risk management on Saylor style betcoin bet
During a video discussion on Friday on the social network X, Brian Armstrong, the director general of Coinbase, examined the decision of his business. He admitted that in various times in the past 12 years, the idea of putting 80% of their assessment in the crypto – in particular Bitcoin – was interesting. But also tempting that it was to get into action, Coinbase did not want to take such a road of danger.
Armstrong said this decision was calculated by assessing the risks. He noted that doing everything on Bitcoin would have risked the financial solvency of a startup and could perhaps “kill” the company. It was a reasoned decision resulting in how to properly manage the risks.
While Coinbase refused to take Bitcoin Bet Saylor, it is still on a considerable crypto wallet. However, according to its last shareholder letter, the company bought $ 153 million in cryptocurrency, mainly Bitcoin, in the first quarter of 2025. Its investment portfolio is now worth $ 1.3 billion in crypto.
Alesia Haas, financial director of Coinbase, who also participated in discussion X, underlined the conservative position of the company. She said that the company did not want to be considered in competition with its customers of cryptographic investors. Haas also said that the company would increase its cryptographic participation.
Companies follow the example of Saylor, imitating its Bitcoin strategy
Meanwhile, other companies have tried to reproduce the Saylor Bitcoin financing model by issuing actions and debt. Since the purchase of Strategment Bitcoin began in 2020, its shares increased by more than 3,000%, reinforced by the growing value of cryptocurrency. The strategy currently contains around $ 54 billion in Bitcoin.
Several other companies and new entities are now following Saylor's approach to give investors different ways to expose themselves to Bitcoin. Among them are companies such as Twenty and Capital Inc., that Cantor Fitzgerald LP, Tether Holdings SA and SoftBank Group. Meanwhile, a subsidiary of Strive Enterprises, co -founded by Vivek Ramaswamy, merges with Asset Entities Inc. to form a Bitcoin cash company.
In other news, Next Technology Holding Inc. actions climbed more than 600% on Friday after the Beijing -based software company announced that it had considerably increased its Bitcoin operations from 833 BTC to 5,833 BTC, causing vastness of volatility in action.
Coinbase launches 24/7 bitcoin and long -term Ethereum negotiated for American investors
Friday, Base derivatives Officially activated the 24/7 trade against term contracts on Bitcoin and Ethereum, becoming the first exchange of derivatives regulated by the CFTC to provide 24-hour access to cryptographic term contracts in the United States.
Coinbase revealed the initiative for the first time in March, aimed at filling the gap between traditional negotiation hours of the United States and the world cryptography market, which represents more than 75% of the world commercial volume. The exchange will provide both nano and large contracts.
The latest Coinbase offer allows investors to market us, hide and manage the exhibition 24 hours a day, corresponding to the non -stop nature of the cryptographic markets. The exchange has built its infrastructure to support this new configuration, with all the trades erased via Nodal Clear, a CFTC regulated exchange center that works 24/7. Large companies and Virtu Financial help provide liquidity.
While Coinbase has remained cautious about the idea of fully adopting a Bitcoin -centered strategy, the growing interest in corporate treasury based on cryptography highlights the growing attraction of bitcoin as a value reservoir in the business world.
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