Czech National Bank Boosts Palantir, Adds Coinbase to Portfolio
Czech National Bank Expands US Investment Portfolio
The Czech National Bank (CNB) made significant adjustments to its US investment portfolio during the second quarter of 2025. Key changes include a larger stake in Palantir Technologies and a new investment in cryptocurrency exchange Coinbase Global. This information was revealed in a Form 13F filing with the Securities and Exchange Commission.
Increased Palantir Stake
The CNB increased its Palantir holdings by 49,135 shares, bringing its total ownership to 519,950 shares by the end of June. This investment reflects the growing interest in data analytics firms, particularly those leveraging artificial intelligence. Palantir’s stock experienced a remarkable 80% surge in the first half of 2025.
New Coinbase Investment
The CNB also initiated a position in Coinbase, acquiring 51,732 shares valued at over $18 million. Coinbase's inclusion in the S&P 500 in May 2025 marked a significant milestone for the cryptocurrency industry. The company's stock price has shown impressive growth, increasing by approximately 60% in the past month.
Coinbase Performance and Expansion
While Coinbase's Q1 2025 revenue dropped 10% quarter-over-quarter to $2 billion, missing market expectations, its earnings per share of $1.94 surpassed analyst predictions. The company continues its expansion, recently acquiring Deribit, a crypto options trading platform, for $2.9 billion, and Liquifi, a token management platform.
Codeum Note: Codeum offers comprehensive blockchain security solutions, including smart contract audits, KYC verification, and custom smart contract and DApp development. Our expertise ensures the security and integrity of blockchain projects, mitigating potential risks associated with cryptocurrency investments.
Investment Implications
The CNB’s investment strategy indicates a growing confidence in both data analytics and the evolving cryptocurrency market. These moves may influence other institutional investors to consider similar allocations.
- Strong Performance: Palantir and Coinbase have demonstrated strong growth, despite market fluctuations.
- Strategic Diversification: The CNB’s investments reflect a strategic diversification into high-growth sectors.
- Future Outlook: The long-term outlook for both companies remains positive, driven by technological advancements and increasing market adoption.