{"id":42129,"date":"2025-05-11T18:00:10","date_gmt":"2025-05-11T15:00:10","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=42129"},"modified":"2025-05-11T17:52:09","modified_gmt":"2025-05-11T14:52:09","slug":"coinbase-dropped-saylor-style-bitcoin-plan","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/","title":{"rendered":"Coinbase Dropped Saylor-Style Bitcoin Plan"},"content":{"rendered":"<p class=\"\" data-start=\"2866\" data-end=\"3130\">According to Bloomberg, crypto exchange <strong data-start=\"2906\" data-end=\"2918\">Coinbase<\/strong> considered adopting a <strong data-start=\"2941\" data-end=\"2984\">Michael Saylor\u2013style Bitcoin allocation<\/strong> multiple times since its launch in 2012, but consistently decided against it due to <strong data-start=\"3069\" data-end=\"3101\">concerns over financial risk<\/strong> and its core business model.<\/p>\n<p class=\"\" data-start=\"3132\" data-end=\"3502\">\u201cThere were definitely moments over the last 12 years where we thought, should we put 80% of our balance sheet into Bitcoin,\u201d said CEO <strong data-start=\"3267\" data-end=\"3286\">Brian Armstrong<\/strong> during a May 9 video call. However, he added, \u201cWe made a conscious choice about risk,\u201d noting that such a move could jeopardize the company&#8217;s cash reserves and potentially <strong data-start=\"3459\" data-end=\"3501\">undermine its core exchange operations<\/strong>.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#Avoiding_Conflict_with_Customers\" title=\"Avoiding Conflict with Customers\">Avoiding Conflict with Customers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#Tapping_Derivatives_Deribit_Acquisition\" title=\"Tapping Derivatives: Deribit Acquisition\">Tapping Derivatives: Deribit Acquisition<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"3504\" data-end=\"3544\"><span class=\"ez-toc-section\" id=\"Avoiding_Conflict_with_Customers\"><\/span>Avoiding Conflict with Customers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"3545\" data-end=\"3770\">Coinbase CFO <strong data-start=\"3558\" data-end=\"3573\">Alesia Haas<\/strong> explained the company also wanted to avoid appearing to compete with its customers over which cryptocurrencies would perform best. \u201cWe didn\u2019t want to show bias toward any single asset,\u201d she added.<\/p>\n<hr \/>\n<p data-start=\"3772\" data-end=\"3977\"><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><\/p>\n<hr \/>\n<p class=\"\" data-start=\"3772\" data-end=\"3977\">Despite this cautious stance, Coinbase is <strong data-start=\"3814\" data-end=\"3853\">still actively buying crypto assets<\/strong>. In its Q1 2025 report, the company confirmed <strong data-start=\"3900\" data-end=\"3940\">$153 million in new crypto purchases<\/strong>, mostly concentrated in <strong data-start=\"3965\" data-end=\"3976\">Bitcoin<\/strong>.<\/p>\n<p class=\"\" data-start=\"3979\" data-end=\"4163\">According to <strong data-start=\"3992\" data-end=\"4017\">BitcoinTreasuries.net<\/strong>, Coinbase currently holds <strong data-start=\"4044\" data-end=\"4057\">9,480 BTC<\/strong>, worth approximately <strong data-start=\"4079\" data-end=\"4095\">$988 million<\/strong>, making it the <strong data-start=\"4111\" data-end=\"4153\">ninth-largest corporate Bitcoin holder<\/strong> globally.<\/p>\n<p data-start=\"3979\" data-end=\"4163\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-155603 \" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/05\/coinbase-1024x1018.webp\" alt=\"coinbase\" width=\"734\" height=\"730\" \/><\/p>\n<h2 data-start=\"4165\" data-end=\"4213\"><span class=\"ez-toc-section\" id=\"Tapping_Derivatives_Deribit_Acquisition\"><\/span>Tapping Derivatives: Deribit Acquisition<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"4214\" data-end=\"4485\">On May 8, Coinbase also announced the <strong data-start=\"4252\" data-end=\"4319\">$2.9 billion acquisition of crypto derivatives exchange Deribit<\/strong>, marking the largest M&amp;A deal in crypto industry history. Deribit saw <strong data-start=\"4390\" data-end=\"4436\">over $1 trillion in trading volume in 2024<\/strong> and has around <strong data-start=\"4452\" data-end=\"4484\">$30 billion in open interest<\/strong>.<\/p>\n<p class=\"\" data-start=\"4487\" data-end=\"4641\">With this acquisition, Coinbase declared itself the new <strong data-start=\"4543\" data-end=\"4590\">global leader in crypto derivatives trading<\/strong>, expanding far beyond its Bermuda-based offerings.<\/p>\n<hr \/>\n<p data-start=\"4487\" data-end=\"4641\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Bloomberg, crypto exchange Coinbase considered adopting a Michael Saylor\u2013style Bitcoin allocation multiple times since its launch in 2012, but consistently decided against it due to concerns over financial risk and its core business model. \u201cThere were definitely moments over the last 12 years where we thought, should we put 80% of our balance<\/p>\n","protected":false},"author":28,"featured_media":36877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[15619,5477,15191,2747,15618,151,11574,11316,1561,9839,15617,11528,1493,11474],"class_list":["post-42129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-alesia-haas","tag-bitcoin-investment","tag-bitcointreasuries","tag-brian-armstrong","tag-btc-balance-sheet","tag-coinbase","tag-corporate-bitcoin-holdings","tag-crypto-derivatives","tag-crypto-exchange","tag-crypto-strategy","tag-deribit-acquisition","tag-institutional-crypto","tag-michael-saylor","tag-risk-management"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coinbase Dropped Saylor-Style Bitcoin Plan - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase Dropped Saylor-Style Bitcoin Plan - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"According to Bloomberg, crypto exchange Coinbase considered adopting a Michael Saylor\u2013style Bitcoin allocation multiple times since its launch in 2012, but consistently decided against it due to concerns over financial risk and its core business model. \u201cThere were definitely moments over the last 12 years where we thought, should we put 80% of our balance\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-11T15:00:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-11T14:52:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/02\/coinbase_ce-46-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Yigit Taha OZTURK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yigit Taha OZTURK\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/\",\"name\":\"Coinbase Dropped Saylor-Style Bitcoin Plan - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/02\/coinbase_ce-46.png\",\"datePublished\":\"2025-05-11T15:00:10+00:00\",\"dateModified\":\"2025-05-11T14:52:09+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5b75ba41894c1164f25378c9022397fc\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/02\/coinbase_ce-46.png\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/02\/coinbase_ce-46.png\",\"width\":1920,\"height\":1080,\"caption\":\"Coinbase\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Coinbase Dropped Saylor-Style Bitcoin Plan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5b75ba41894c1164f25378c9022397fc\",\"name\":\"Yigit Taha OZTURK\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3c58488c3e042b9f982e35ddee6f6e94f7d62613e8b36ebd312676655fab9908?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3c58488c3e042b9f982e35ddee6f6e94f7d62613e8b36ebd312676655fab9908?s=96&d=mm&r=g\",\"caption\":\"Yigit Taha OZTURK\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/ceyigitt\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Coinbase Dropped Saylor-Style Bitcoin Plan - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/","og_locale":"en_US","og_type":"article","og_title":"Coinbase Dropped Saylor-Style Bitcoin Plan - Coin Engineer","og_description":"According to Bloomberg, crypto exchange Coinbase considered adopting a Michael Saylor\u2013style Bitcoin allocation multiple times since its launch in 2012, but consistently decided against it due to concerns over financial risk and its core business model. \u201cThere were definitely moments over the last 12 years where we thought, should we put 80% of our balance","og_url":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/","og_site_name":"Coin Engineer","article_published_time":"2025-05-11T15:00:10+00:00","article_modified_time":"2025-05-11T14:52:09+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/02\/coinbase_ce-46-1024x576.png","type":"image\/png"}],"author":"Yigit Taha OZTURK","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Yigit Taha OZTURK","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/","url":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/","name":"Coinbase Dropped Saylor-Style Bitcoin Plan - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/02\/coinbase_ce-46.png","datePublished":"2025-05-11T15:00:10+00:00","dateModified":"2025-05-11T14:52:09+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5b75ba41894c1164f25378c9022397fc"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/02\/coinbase_ce-46.png","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/02\/coinbase_ce-46.png","width":1920,"height":1080,"caption":"Coinbase"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/coinbase-dropped-saylor-style-bitcoin-plan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Coinbase Dropped Saylor-Style Bitcoin Plan"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5b75ba41894c1164f25378c9022397fc","name":"Yigit Taha OZTURK","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3c58488c3e042b9f982e35ddee6f6e94f7d62613e8b36ebd312676655fab9908?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3c58488c3e042b9f982e35ddee6f6e94f7d62613e8b36ebd312676655fab9908?s=96&d=mm&r=g","caption":"Yigit Taha OZTURK"},"url":"https:\/\/coinengineer.net\/blog\/author\/ceyigitt\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/42129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=42129"}],"version-history":[{"count":2,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/42129\/revisions"}],"predecessor-version":[{"id":42131,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/42129\/revisions\/42131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/36877"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=42129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=42129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=42129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}