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Czech Central Bank Makes Bold Move into Crypto with Coinbase Shares

The Czech National Bank (CNB) has made headlines by investing $18.1 million in Coinbase shares during the second quarter of 2025.

This acquisition, representing 51,732 shares of the crypto exchange, marks the CNB's first disclosed stake in Coinbase.

By the end of June, the value of these shares surged, reaching nearly $20 million based on recent market prices.

This investment signals a shift in the central bank's attitude towards digital assets as it aims to diversify its reserve holdings.

Earlier this year, CNB Governor Aleš Michl indicated plans to explore including cryptocurrencies like Bitcoin in the bank's portfolio.

Pending board approval, Michl mentioned the potential allocation of up to 5% of its €140 billion reserves into Bitcoin.

The acquisition aligns with broader trends as Coinbase continues to assert its influence in the crypto sector.

Notably, Coinbase became the first crypto company to be added to the S&P 500 index in May 2025, further solidifying its market position.

Despite challenges earlier in the year, including a significant revenue decline, Coinbase's stock has surged by nearly 56% year-to-date.

With its recent expansion maneuvers, including acquisitions and new regulatory licenses, Coinbase is positioning itself as a leader in the evolving landscape of digital finance.