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Czech National Bank Bets on Crypto and AI with Coinbase and Palantir Buys

  • The Czech National Bank increased its position in Coinbase and Palantir, acquiring 51,732 shares and 49,135 shares, respectively.
  • This move reflects the bank's confidence in the role of Coinbase in crypto and Palantir's momentum in AI, following Palantir's 80% stock surge in the first half of 2025.
  • Coinbase, the first crypto company in the S&P 500, has been expanding through acquisitions, including deals for Deribit and Liquifi, leading to share price increases.
  • Despite a drop in Q1 revenue, Coinbase surpassed earnings expectations, with its shares up 55% year-to-date and experiencing recent surges.

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