Private Advisor Group Boosts Coinbase Stake by 36.8%

Institutional investor increases holdings in cryptocurrency exchange platform

Published on Mar. 11, 2026

Got story updates? Submit your updates here. ›

Private Advisor Group LLC, an investment management firm, has increased its stake in Coinbase Global, Inc. (NASDAQ:COIN) by 36.8% during the third quarter, according to a recent SEC filing. The firm now owns 33,934 shares of the cryptocurrency exchange's stock, worth approximately $11.45 million.

Why it matters

Coinbase is one of the largest and most prominent cryptocurrency exchanges, and institutional investor activity in the stock can provide insights into the overall sentiment and outlook for the crypto industry. The increase in Private Advisor Group's position suggests continued confidence in Coinbase's long-term prospects.

The details

According to the 13F filing, Private Advisor Group purchased an additional 9,121 shares of Coinbase during the third quarter, bringing its total holdings to 33,934 shares. This represents a 36.8% increase in the firm's position. Private Advisor Group cited Coinbase's leading market position and growth potential as reasons for the increased investment.

  • Private Advisor Group filed the 13F report disclosing the increased Coinbase stake on March 11, 2026.
  • The firm made the additional 9,121 share purchase during the third quarter of 2025.

The players

Private Advisor Group LLC

An investment management firm that has increased its stake in Coinbase Global, Inc.

Coinbase Global, Inc.

A leading U.S. cryptocurrency exchange platform that went public through a direct listing in 2021.

Got photos? Submit your photos here. ›

What they’re saying

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

The increase in Private Advisor Group's Coinbase stake reflects ongoing institutional investor interest in the cryptocurrency exchange, despite broader market volatility. This suggests Coinbase remains a compelling long-term play in the rapidly evolving digital asset space.