Coinbase CEO: After deducting debt, about 25% of the current balance sheet is cryptocurrency, half of which is bitcoin
2024-12-03 03:38:59
Coinbase chief executive brian armstrong platform post disclosuredesk3cryptocurrencydesktopCrypto News
Coinbase CEO Brian Armstrong revealed in a post on the X platform that about a quarter of Coinbase's balance sheet, after deducting debt, is cryptocurrency, half of which is bitcoin, which is similar to its percentage of the total cryptocurrency market capitalization. Unfortunately, almost all of Coinbase's debt is still denominated in dollars, so the question is just how much risk to take, Brian Armstrong added that Coinbase is not a hedge fund, and said that he personally believes that the allocation of cryptocurrencies in the balance sheet is justifiable. It is just a matter of how much and why.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Coinbase CEO：扣除债务后目前资产负债表中约25%是加密货币，其中一半是比特币Next article：
美国政府昨夜转移1 万枚 BTC并未真正流向市场
