Coinbase once considered adopting Michael Saylor's Bitcoin investment strategy.

WuSaidBlockchainW · 2025-05-09T20:55:14+00:00

Coinbase is considering adopting Saylor's Bitcoin investment strategy but is concerned about funding chain risks. It still plans to purchase $153 million in crypto assets in Q1 2025, most of which will be Bitcoin, holding $1.3 billion in crypto assets. Next Technology's Bitcoin holdings increased to 5,833 coins, and its stock price once soared by 600%.

WuSaidBlockchainW

2025-05-09 20:55:14

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According to Bloomberg, Coinbase CEO Brian Armstrong stated that the company had considered adopting Michael Saylor’s Bitcoin investment strategy but ultimately abandoned it, believing that such a move would expose the startup to the risk of a cash flow crisis. Nevertheless, Coinbase purchased $153 million in crypto assets in the first quarter of 2025, most of which were Bitcoin, and currently holds $1.3 billion in crypto assets in its portfolio. Additionally, Next Technology Holding Inc. announced that its Bitcoin holdings increased from 833 coins to 5,833 coins, with the stock price surging by 600% at one point that day.

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