Golden Finance reports that Coinbase CEO Brian Armstrong disclosed on the X platform that approximately one-quarter of Coinbase's balance sheet is cryptocurrency after deducting liabilities, half of which is Bitcoin, similar to its percentage in the total cryptocurrency market capitalization. Unfortunately, almost all of Coinbase's liabilities are still denominated in dollars, so the question is merely how much risk to take on. Brian Armstrong added that Coinbase is not a hedge fund and expressed his personal belief that the allocation of cryptocurrency in the balance sheet should be higher, with the only question being how much and why.