{"id":1917,"date":"2024-10-31T07:46:52","date_gmt":"2024-10-31T07:46:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1917"},"modified":"2024-10-31T07:46:52","modified_gmt":"2024-10-31T07:46:52","slug":"coinbase-on-following-microstrategys-bitcoin-playbook-looking-for-opportunities-says-cfo-but-highlights-key-difference-between-the-two-companies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1917","title":{"rendered":"Coinbase On Following MicroStrategy&#8217;s Bitcoin Playbook: Looking For &#8216;Opportunities,&#8217; Says CFO, But Highlights Key Difference Between The Two Companies"},"content":{"rendered":"<div>\n<p><strong>Coinbase Global Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) said it wants to expand its cryptocurrency investment portfolio and emphasized that assets held on its books, including <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), are intended to be retained for the long term<\/p>\n<p><strong>What Happened<\/strong>: During the company&#8217;s third-quarter 2024 earnings call, the management was asked whether they would pursue a reserve strategy akin to <strong>MicroStrategy<\/strong>, <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41396724\/microstrategy-boss-michael-saylor-taunts-bitcoin-doubters-challenges-them-to-short-company\">a Bitcoin investment company<\/a>, with over $18 billion worth of the asset on its balance sheet.<\/p>\n<p><strong>Alesia Haas<\/strong>, the Chief Financial Officer, informed that the company does maintain a cryptocurrency investment portfolio on its balance sheet, the fair market &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41645548\/coinbase-on-following-microstrategys-bitcoin-playbook-looking-for-opportunities-says-cfo-b\" alt=\"Coinbase\" on following microstrategy bitcoin playbook: looking for says cfo but highlights key difference between the two companies>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Global Inc. (NASDAQ:COIN) said it wants to expand its cryptocurrency investment portfolio and emphasized that assets held on its books, including Bitcoin (CRYPTO: BTC), are intended to be retained for the long term What Happened: During the company&#8217;s third-quarter 2024 earnings call, the management was asked whether they would pursue a reserve strategy akin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1917","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1917"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1917\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}