Coinbase CEO Brian Armstrong revealed in a post on the X platform that about a quarter of Coinbase's balance sheet, after deducting debt, is cryptocurrency, half of which is bitcoin, which is similar to its percentage of the total cryptocurrency market capitalization. Unfortunately, almost all of Coinbase's debt is still denominated in dollars, so the question is just how much risk to take, Brian Armstrong added that Coinbase is not a hedge fund, and said that he personally believes that the allocation of cryptocurrencies in the balance sheet is justifiable. It is just a matter of how much and why.