🚨 CØINBASE CEO: I considered adopting #Michael Saylor’s Bitcoin investment #strategy , but ultimately did not adopt it because the #risk was too high

🔹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