Czech Central Bank buys Coinbase shares, expands Palantir holdings

Czech National Bank to purchase additional Palantir shares through US equity portfolio adjustment in Q2 2025
The company also acquired shares in the cryptocurrency exchange Coinbase, marking its full-scale entry into the cryptocurrency market.
Form submitted to the U.S. Securities and Exchange Commission (SEC)
In a 13F filing, the Czech Central Bank said it had bought 50,173 shares of Coinbase during the second quarter.
The company announced that it had purchased two new shares (worth $18 million) and an additional 49,135 Palantir shares, bringing its total holdings to 519,950 shares as of the end of June.
Palantir is a data analytics company whose stock price is expected to rise 80% in the first half of 2025 and reach $1.
That beat the 5.5% gain in the 500 Index. Strong earnings reports and investors betting on artificial intelligence
Coinbase is the first cryptocurrency company to be included in the S&P 500 in May 2025, making it one of the leading large-scale indexes in the U.S. stock market.
The S&P 500 is the leading index tracking the 500 largest publicly traded companies in the United States and is a reflection of the overall market.
Coinbase shares rose 41% in the first half of 2025 and then another 10% in the following weeks.
According to the company's data, the stock price has risen by about 60% in the past month, attracting attention from investors. However, the company's performance is somewhat sluggish. Based on the first quarter of 2025, the total sales will be
Sales fell 10% to $2 billion, while net profits plunged 95% to $66 million. This was due to a write-down of $596 million in crypto assets. Trading revenues fell 18.9%.
Sales and revenues fell by $1.26 billion, while total trading volume fell 10.5% to $393 billion, due in part to the market contraction caused by the Trump administration's tariff policies. Nevertheless, earnings per share (EPS)
Coinbase has been on an acquisition spree to expand its market share in spot and derivatives. In May, it acquired cryptocurrency options exchange Derby.
The company announced it was acquiring ibit for $2.9 billion and earlier this month acquired Liquifi, a token management platform focused on early token projects.
The aim is to enhance compliance, rights management and vesting tools for token issuers.