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.