₿$73,453.80▼ 0.13%
CoinShares PLC
CSHR🇯🇪Reserve
Europe's leading digital asset investment company, offering institutional and retail investors regulated access to cryptocurrencies through exchange-traded products (ETPs), funds, and capital markets services. Headquartered in Jersey and listed on Nasdaq Stockholm, CoinShares holds BTC on its corporate balance sheet as part of its principal investments segment.
BTC Holdings
235 BTC
Insufficient history
Stock PriceUpdated 11h ago
$4.96▲ 3.33%
180d
Total financing
0.00 USD
180d
mNAV
41.03x▲ 3.47%
180d
Leverage
0.0%
180d
Sats/Share
165
180d
Mkt capFD
708.19M USD
SharesFD
142.78M
Fiat reserve
64.24M USD
Total reserve
81.50M USD
Dilution
8.3%
Analytics
FinancialsUnverified
IFRSAnnualAs of 2025-12-31
Balance Sheet
Total Assets$5.4B▼10.6%
Total Liabilities$4.9B▼12.8%
Stockholders' Equity$477M▲21.1%
Cash & Equivalents$64.2M▲157.9%
Total Debt$28.1M▼51.1%
Digital Assets$4B▼11.9%
Income Statement
Revenue$165.7M▲48.3%
Operating Income$127M▲0.4%
Net Income$114.3M▼14.4%
Interest Expense$7.8M▼32.4%
Cash Flow
Operating Cash Flow$123.6M
Instruments
Total
0.00 USD
| Instrument | Term | Coupon | Principal | Outstanding |
|---|---|---|---|---|
| Total | 0.00 USD | |||
Recent Changes
Fri, May 15, 2026
Debt OutstandingRepaymentCSHR-Reyl
28.1M→0-28.1M(-100.0%)
Reyl Bank loan repaid in full; $28.1M was outstanding at 2025-12-31. Exact repayment date not disclosed (subsequent to year-end 2025); as_of set to F-1 disclosure date 2026-05-15.
Form F-1 (2026)Thu, Apr 30, 2026
Shares Outstanding
153.1M→131.8M-21.3M(-13.9%)
Form 20-F (2025)
Wed, Apr 1, 2026
Shares Outstanding
66.7M→153.1M+86.4M(+129.6%)
Post-merger CoinShares PLC shares (formerly CS International). Includes CS Int'l shares at 1.8237x exchange, PIPE at 1:1, and Vine Hill SPAC shares.
CoinShares Begins Trading on the Nasdaq Stock MarketTue, Mar 31, 2026
Debt OutstandingIssuancecoinshares-international-warrant-mar-2026
11.0M
Form 20-F (2025)
Wed, Dec 31, 2025
BTC Holdings
236→235-1 BTC(-0.4%)
Treasury holdings only; excludes 24,357 BTC held for asset-management/ETP operations
Form 20-F (2025)Debt OutstandingCSHR-Reyl
28.1M
$25.0M classified as non-current; $3.2M current incl. $29k accrued interest
Form 20-F (2025)Fiat Reserve
64.2MUSD
Form 20-F (2025)