Coinbase CEO Brian Armstrong disclosed in a post on X platform that approximately one-quarter of Coinbase's balance sheet is composed of cryptocurrencies after deducting debts, with half of that being Bitcoin, which is similar to its percentage in the total cryptocurrency market capitalization. Unfortunately, nearly all of Coinbase's debts are still denominated in US dollars, so the question is simply how much risk to take on. Brian Armstrong added that Coinbase is not a hedge fund and stated that he personally believes the allocation of cryptocurrencies in the balance sheet should be higher, but the issue is how much and why.