Czech National Bank Bets Big on Crypto: Adds Coinbase & Doubles Down on Palantir

Central banks aren’t exactly known for their risk appetite—but someone forgot to tell the Czechs. In a move that’d make Wall Street hedge funds blush, the Czech National Bank just loaded up on Coinbase stock and turbocharged its Palantir position. Guess those negative-yield bonds weren’t cutting it anymore.

From Bitcoin Skeptics to Crypto Curious

The institution once known for printing korunas is now stacking digital asset exposure like a DeFi degenerate. Coinbase’s addition marks a stark pivot from traditional reserves—while Palantir’s boosted allocation hints at a growing obsession with AI-driven surveillance tech. Because nothing says 'monetary policy' like Peter Thiel’s data-mining empire.

The New Playbook: YOLO with Public Funds

Forget gold or Treasuries. The Czech central bank’s portfolio now reads like a Cathie Wood fever dream: crypto custodians meets black-box analytics. One wonders if their next move involves memecoins or just shorting the euro. Either way, it’s a masterclass in how to make Swiss bankers clutch their pearls.

Closing thought: When central banks start chasing alpha, maybe it’s time to ask—who’s left to be the adult in the room?