Coinbase skipped 54 billion USD Bitcoin bet that sent strategy soaring 3,000%

Coinbase Global Inc., a major US cryptocurrency exchange, chose not to pursue a risky Bitcoin investment strategy akin to Michael Saylor’s, instead prioritizing financial stability. CEO Brian Armstrong discussed the decision, noting potential risks to the company’s viability.

Despite not adopting Saylor’s bold strategy, Coinbase’s crypto investments have grown. In the first quarter of 2025, Coinbase acquired 153 million USD in Bitcoin, boosting its portfolio’s total value to 1.3 billion USD. They also launched 24/7 Bitcoin and Ethereum futures trading for US investors.

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