Coinshares International Limited

CoinShares International Limited, listed on the Nasdaq First North Growth Market with the ticker CS.ST, is a leading European investment company specializing in digital assets, headquartered in Jersey. Founded in 2013 as Global Advisors by Daniel Masters and Jean-Marie Mognetti, it rebranded to CoinShares to reflect its focus on pioneering cryptocurrency products and services. Its business model centers on bridging traditional finance with the digital economy through regulated investment solutions. Core operations include managing exchange-traded products, actively managed funds for professional investors, robust indices spanning equities and crypto, and capital markets services that provide trading technology and treasury management.

CoinShares champions Bitcoin as a strategic treasury asset, viewing it as a tool for diversification and hedging within corporate finance frameworks. The company's broader digital asset strategy encompasses offering direct exposure to Bitcoin and other cryptocurrencies via funds and indices, while leveraging blockchain for innovative financial tools. Its capital markets division supports internal treasury functions, aligning operations with the evolving role of digital assets in global finance.

Led by CEO Jean-Marie Mognetti, a commodities expert turned crypto advocate, alongside Chairman Daniel Masters and CFO Richard Nash, CoinShares holds a prominent position in Europe's digital asset sector through its investor-centric products and regulatory expertise. The leadership team's blend of traditional finance and decentralized innovation drives its vision. By advancing blockchain adoption and thought leadership, CoinShares positions itself as a key player in the enduring digital investment landscape.

Date	BTC Balance	Change (BTC)	Cost Basis	Market Price	Stock Price
Mar 31, 2025	₿236	73	—	—	—
Dec 31, 2024	₿163	70	—	—	—
Oct 31, 2024	₿93	15	—	—	—
Sep 30, 2024	₿78	78	—	—	—

Date

BTC Balance

Change (BTC)

Cost Basis

Market Price

Stock Price

Mar 31, 2025

₿236

—

Dec 31, 2024

₿163

—

Oct 31, 2024

₿93

—

Sep 30, 2024

₿78

—

Recent Developments