- The Czech National Bank increased its holdings in Palantir Technologies and took a new position in Coinbase Global during the second quarter.
- The bank acquired over 51,000 shares of Coinbase, valued at more than $18 million, and added nearly 50,000 shares of Palantir.
- Palantir’s stock grew 80% in early 2025, boosted by strong earnings and investor interest in Artificial Intelligence.
- Coinbase joined the S&P 500 in May and its stock price increased by about 60% in the past month.
- Coinbase expanded its business through acquisitions despite revenue and trading volume declines.
The Czech National Bank changed its U.S. stock investments in the second quarter of 2025, boosting its position in Palantir Technologies and entering Coinbase Global for the first time. These updates appeared in a recent Form 13F filing with the U.S. Securities and Exchange Commission.
In this filing, the bank reported adding 51,732 shares of Coinbase, worth over $18 million, and increasing its Palantir holdings by 49,135 shares to reach a total of 519,950 shares by June. Palantir, a data analytics company, saw its stock price soar 80% in the first half of 2025, outpacing the S&P 500’s 5.5% growth during the same period.
Investor interest in artificial intelligence and strong quarterly results supported Palantir’s performance. Meanwhile, Coinbase became the first crypto firm added to the S&P 500 in May. Its shares gained 41% in the first half of the year, rose 10% more in the following weeks, and climbed by around 60% in the last month, according to Google Finance data.
Despite these stock gains, Coinbase reported a 10% quarter-over-quarter drop in revenue to $2 billion for Q1, with net income falling 95% to $66 million. The company cited a $596 million paper loss on its crypto holdings. The trading platform also saw transaction revenue and volumes decrease as market activity slowed and tariffs under the Trump administration affected the crypto sector, though its earnings per share of $1.94 beat analyst expectations.
In recent months, Coinbase expanded its market activities by buying the crypto options trading platform Deribit for $2.9 billion and acquiring Liquifi, which specializes in token management for early-stage projects. These deals build on Coinbase’s broader strategy to grow its presence in both spot and derivatives trading, as well as support token creators from the early stages.
For more on recent developments, see:
– SEC Form 13F filing
– Coinbase monthly share gains
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