Czech Central Bank Makes Bold Move: Snaps Up Palantir & Coinbase Shares in 2025
Central banks aren’t exactly known for their risk appetite—but someone forgot to tell the Czechs.
The Czech National Bank just loaded up on Palantir’s surveillance tech and Coinbase’s crypto exposure, doubling down on two of the most polarizing plays in modern finance. Because nothing says 'monetary prudence' like betting on spyware and volatile digital assets.
Why This Matters
While other central banks stick to gold and bonds, Prague’s monetary mavericks are diving headfirst into AI-driven data mining and a crypto exchange that still gives regulators night sweats. Either they’ve cracked the code on alpha generation… or this is the finance equivalent of buying a lottery ticket with taxpayer money.
The Punchline
Watch out, Wall Street—the suits in Prague are playing with fire. And if this backfires? At least they’ll have Palantir’s algorithms to explain it away.
Coinbase Added in $18 Million Investment
The Czech National Bank added 51,732 shares of Coinbase in the second quarter of 2025. The position is worth over $18 million, based on recent filings with the U.S. Securities and Exchange Commission.
Meanwhile, this is the first time the bank has disclosed a position in a U.S.-listed cryptocurrency exchange. Coinbase joined the S&P 500 earlier this year and has since gained attention from institutional investors.
Palantir Holdings Expanded
The central bank also raised its stake in Palantir Technologies. It added 49,135 shares during the quarter, bringing its total to 519,950 shares by the end of June.
Palantir’s stock ROSE 80% during the first half of 2025. Its gains have been supported by earnings growth and increased demand for its AI-driven data tools.
By comparison, the S&P 500 rose 5.5% over the same period.
Coinbase Growth Through Acquisitions
Coinbase has been expanding its services through acquisitions. In May, it announced a deal to buy Deribit, an exchange on crypto options, at $2.9 billion. Earlier this month, it bought Liquifi, a company that creates token management and billing tools.
Consequently, these purchases give the company more reach in crypto trading and infrastructure. It is also expanding its capabilities of supporting spot and derivatives trading and budding token projects.
In the first quarter, Coinbase reported $2 billion in revenue, down 10% from a year earlier. Despite the decline, its earnings per share were posted at 1.94, exceeding analyst expectations. The decrease in revenues had a crypto holding unrealized loss of $596 million.
The Czech National Bank’s recent moves reflect a broader focus on digital assets and emerging technologies. Coinbase stock is up 41% for the year and has gained another 10% in recent weeks. Over the past month, shares have risen about 60%, according to Google Finance data.
