🚨 CØINBASE PASSED ON #SAYLOR -STYLE BITCOIN #STRATEGY , CITING STARTUP RISKS
🔹CEO Brian Armstrong revealed Cøinbase considered MicroStrategy-style Bitcoin balance sheet strategy.
🔹At one point, they debated putting 80% of reserves into BTC.
🔹Ultimately rejected the move due to high risk to liquidity and survival.
🔹Armstrong: it “could have killed the company” in early-stage growth.
🔹The firm chose a conservative treasury strategy to ensure stability.
-Bloomberg, May 2025$BTC