Coinbase CFO: The company is considering holding more crypto assets and currently holds 4,487 BTC and other crypto assets

Coinbase Chief Financial Officer Alesia Haas said, “Coinbase’s current policy allows 10% of cash surplus to be invested in crypto assets. Currently, the company is considering adjusting this policy to allow holding more crypto assets.

"According to documents submitted by Coinbase to the U.S. Securities and Exchange Commission in February this year, as of the end of 2020, Coinbase held USDC worth $48.9 million. In addition to USDC, Coinbase also holds crypto assets with a total cost of $62.3 million, mainly for investment and operational purposes. The fair value as of December 31, 2020 was $188 million, including 4,487 bitcoins, as well as Ethereum and other crypto assets.