Kathryn Haun, a General Partner at Andreessen Horowitz until late 2021 when she left to launch her own cryptocurrency investment fund, holds a 1.14% stake.Īccording to Coinbase’s initial public offering ( IPO) prospectus filed with the Securities and Exchange Commission ( SEC), Andreessen owned 5.5 million Class A shares and 23.96 million Class B shares in April 2021.Ĭlass B shares were convertible to Class A shares at the time of the initial public offering ( IPO). In addition to Andreessen’s individual stake in Coinbase, Andreessen Horowitz holds an additional 1.43% stake, equivalent to 3.21m shares. Andreessen has been on the company’s board of directors since December 2020. Marc Andreessen’s venture capital firm, Andreessen Horowitz, led the $25m Series B financing round in Coinbase in December 2013. Try demo Top five Coinbase shareholders Marc Andreessen Let’s look more closely at the largest shareholders of Coinbase and their reasons for holding the stock. Who are the shareholders of Coinbase with the largest holdings? There are two inside investors among the five largest Coinbase shareholders, according to Wall Street Zen, with US technology entrepreneur and investor Marc Andreessen the single largest shareholder with a 6.32% holding of 14.2 million shares, valued at $938.62m at the time of writing (7 October).Ĭoinbase co-founder Frederick Ernest Ehrsam III is the fifth largest shareholder, with a stake of 3.78%, or 8.5 million shares valued at $561.62m.Ĭoinbase insiders have bought more shares in the company than they have sold in the past year, buying more than 1.36 million shares compared with sales of 1.19 million shares.Ĭoinbase’s biggest shareholders among institutions are AH Equity Partners III, one of Marc Andreessen’s investment vehicles, with a 4.83% stake, Vanguard Group with a 4.74% stake and ARK Investment Management with a 3.98% stake. Retail investors held 76.8 million or 34.11% of the stock, while insiders owned the remaining 40.5 million On 7 October, the largest share of Coinbase stock was held by institutional investors, which accounted for 107.83 million shares, or 47.89% of the company’s total shares, the Wall Street Zen data showed. What is the balance of Coinbase shareholders between institutional, retail and inside investors? There are around 225 million Coinbase shares outstanding at the time of writing (7 October), according to data from Wall Street Zen. In this article, we look at the breakdown of COIN shareholders. So, how much of Coinbase’s stock insiders own, and how does that compare to retail and institutional investment in the company? Why is it important to know who owns the most shares of Coinbase? The biggest shareholders can move the share price if they buy or sell the stock in large volumes, which in turn affect the value of your investment/trade. Since then, the COIN share price has since declined by 78% as crypto markets have turned decidedly bearish. US-based Coinbase Global ( COIN) is the world’s second largest cryptocurrency exchange by trading volume, and is used by stock investors as a proxy for taking positions on cryptocurrency markets without having to buy coins or tokens.Ĭoinbase listed on the Nasdaq Stock Exchange in April 2021, at the height of a cryptocurrency rally. The largest share of Coinbase stock is held by institutional investors, accounting for 47.89% of the company’s total shares.
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