BlackRock Inc. holds approximately 11.33 million shares of Coinbase Global, Inc. (COIN), which represents about 5.53% of the company's outstanding shares.
As one of the largest asset managers globally, BlackRock maintains significant positions in numerous public companies, including major cryptocurrency-related entities like Coinbase. Their holding in Coinbase makes them one of the top institutional investors in the company, reflecting a notable interest from traditional financial institutions in the digital asset space.
Major Institutional Holders of Coinbase Stock
Understanding BlackRock's stake is often best viewed in the context of other major institutional investors. While BlackRock holds a substantial portion, other large firms also have significant investments in Coinbase. The table below outlines some of the top institutional holders:| Holder | Shares Owned | Percentage of Outstanding Shares |
|---|---|---|
| Vanguard Group Inc | 18.29M | 8.93% |
| Blackrock Inc. | 11.33M | 5.53% |
| FMR, LLC | 6.75M | 3.29% |
| Paradigm Operations LP | 4.52M | 2.20% |
Note: Share ownership data can fluctuate as institutions adjust their portfolios.
This data highlights that while BlackRock is a major shareholder, The Vanguard Group Inc. holds a larger stake in Coinbase. These holdings by prominent financial firms underscore the increasing integration of digital asset companies into mainstream investment portfolios. Investors interested in the latest institutional ownership data for Coinbase can often find updated information on financial news platforms.
For more detailed and up-to-date information on Coinbase's major holders, you can refer to reputable financial data sources such as Coinbase Global, Inc. (COIN) Stock Major Holders.
