By Bitcoin Περιοδικό - 2 χρόνια πριν - Χρόνος ανάγνωσης: 2 λεπτά
Πόσο Bitcoin Will Coinbase Buy In New Reserve Policy?
We can make estimates on the size of the bitcoin allocation that will be made by Coinbase following announcement of its new reserve policy.
Το παρακάτω είναι από μια πρόσφατη έκδοση του Deep Dive, Bitcoin περιοδικόενημερωτικό δελτίο αγορών premium. Να είσαι από τους πρώτους που έλαβαν αυτές τις πληροφορίες και άλλες on-chain bitcoin ανάλυση αγοράς απευθείας στα εισερχόμενά σας, Εγγραφείτε τώρα.
“We have committed to invest $500 million of our cash and cash equivalents into a diverse portfolio of crypto assets. Going forward, we will also allocate 10% of quarterly net income into this same portfolio.” - Το Ιστολόγιο Coinbase
Σε tweet from Coinbase CEO Brian Armstrong on Thursday night, it was announced that Coinbase was going to be purchasing $500 million in a “diverse portfolio of crypto assets,” and an interesting note is that the portfolio allocation will be decided based on the custodial balances of the assets held on Coinbase by its consumers.
“Our crypto asset investment allocation will be driven by our aggregate custodial crypto balances — meaning our customers will drive our investment strategy. Our investments will be continually deployed over a multi-year window using a dollar-cost averaging strategy.”
Digging deeper, we can make some estimates on the size of the bitcoin allocation that will be made by Coinbase using exchange balances and the numbers reported in the company’s recent Q2 earnings report.
Η έκθεση του πρώτου τριμήνου which was just released on August 10, 2021, and reported numbers ending on June 30, 2021.
The company reported having $180 billion worth of assets held on the platform at the conclusion of the second quarter, and using data from Glassnode, we can see that there was approximately $90 billion worth of bitcoin held on Coinbase at the same date.
While this number is most definitely dynamic, this would mean that Coinbase is going to be allocating 50% of the committed $500 million into bitcoin, and 5% of the quarterly net income into bitcoin τριμηνιαίος.
Last quarter, Coinbase pulled in $1.6 billion in net income, which would translate into approximately an $80 million purchase.
Πρωτότυπη πηγή: Bitcoin περιοδικό