The Czech National Bank updated its investment portfolio in the second quarter of 2025 by increasing its holdings in Palantir Technologies and initiating a position in cryptocurrency exchange Coinbase Global.
Portfolio Update
A Form 13F filed with the Securities and Exchange Commission revealed that the Czech National Bank added 51,732 shares of Coinbase, valued at over $18 million. Additionally, the bank increased its stake in Palantir by 49,135 shares, bringing the total to 519,950 by the end of June.
Stock Dynamics of Palantir and Coinbase
Palantir, a data analytics firm, saw its stock surge 80% in the first half of 2025, significantly outperforming the S&P 500’s 5.5% gain. The company has garnered increased attention following strong earnings reports and rising investor interest in artificial intelligence. Meanwhile, Coinbase became the first crypto company to join the S&P 500 in May 2025, with its stock rising 41% in the first half of the year and gaining an additional 10% in subsequent weeks.
Strategic Moves by Coinbase
Coinbase is actively expanding its market share in spot and derivatives trading, recently announcing the acquisition of the crypto options trading platform Deribit for $2.9 billion. Earlier this month, the company acquired Liquifi, a token management platform, enhancing its capabilities in token cap table management and compliance.
Thus, the investment actions of the Czech National Bank highlight the growing interest in technology and cryptocurrency companies, underscoring their potential in the current investment climate.
