Czech National Bank Makes Bold $18M Crypto Move with Coinbase Stake
Central banks aren’t known for their risk appetite—but someone forgot to tell the Czechs.
The Czech National Bank just dropped $18 million into Coinbase, marking its first major crypto play. No more sitting on the sidelines while private banks and hedge funds stack digital assets.
Why now? Maybe they finally noticed Bitcoin’s 10-year outperformance of every traditional asset. Or maybe they’re tired of explaining to pensioners why inflation ‘is transitory’ while diversifying into something that actually hedges against it.
One thing’s clear: When central banks start buying dips, the ‘institutional adoption’ narrative just got a lot louder. Just don’t expect them to HODL through the next 80% correction—some things never change.
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Industry analysts, including Tomas Greif of Braiins Mining, note the CNB now indirectly holds bitcoin exposure via Coinbase and Tesla. He added that this could increase further if MicroStrategy joins the S&P 500.
The CNB’s MOVE is seen as a cautious but significant step, signaling growing institutional interest in crypto assets and potentially setting a precedent for other Western central banks exploring digital asset integration.
