American Century Companies Boosts Coinbase Stake by 8.3%

Investment firm adds over 10,000 shares of cryptocurrency exchange in Q3

Published on Mar. 7, 2026

American Century Companies Inc. increased its position in Coinbase Global, Inc. (NASDAQ:COIN) by 8.3% in the third quarter, according to a recent SEC filing. The institutional investor now owns 133,544 shares of the cryptocurrency exchange's stock, worth approximately $45 million as of the end of the quarter.

Why it matters

Coinbase has seen significant institutional investment interest as cryptocurrency adoption continues to grow. This increase in American Century's stake reflects the firm's confidence in Coinbase's long-term potential despite recent market volatility in the crypto space.

The details

According to the filing, American Century purchased an additional 10,273 shares of Coinbase in the third quarter, bringing its total position to 133,544 shares. The investment firm first disclosed a stake in Coinbase in the second quarter of 2021. Coinbase's stock price has fluctuated significantly over the past year, trading between a 52-week high of $444.64 and a low of $139.36.

  • American Century disclosed the increased Coinbase stake in a Q3 2026 SEC filing.

The players

American Century Companies Inc.

An American investment management firm that oversees over $250 billion in assets.

Coinbase Global, Inc.

A leading U.S. cryptocurrency exchange platform and infrastructure provider.

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The takeaway

This move by American Century highlights the continued institutional appetite for exposure to the cryptocurrency market through leading platforms like Coinbase, despite the sector's volatility. It signals the firm's long-term optimism about the growth potential of the crypto industry.