{"id":57748,"date":"2022-02-15T09:38:56","date_gmt":"2022-02-15T07:38:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57748"},"modified":"2025-09-04T13:19:31","modified_gmt":"2025-09-04T10:19:31","slug":"temasek-sells-coinbase-shares","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/temasek-sells-coinbase-shares\/","title":{"rendered":"Temasek Sells Coinbase Shares"},"content":{"rendered":"

Temasek, the Singaporean investment holding, has sold shares of the Nasdaq-listed cryptocurrency exchange Coinbase. This is evidenced by report<\/a> for the U.S. Securities and Exchange Commission (SEC).<\/p>\n

According to documents<\/a> for the third quarter 2021, Temasek held 8,168 Coinbase shares worth about $2.1 million.<\/p>\n

\"Temasek
Data: SEC.<\/figcaption><\/figure>\n

In the fourth-quarter report, there is no information about Temasek’s stake in Coinbase shares. The holding’s total portfolio at the end of last year was valued at $301 billion.<\/p>\n

On April 14, 2021, direct listing of Coinbase <\/a> (ticker: COIN) on Nasdaq. The opening price was $381. During the first session, the company’s market capitalization exceeded $85 billion.<\/p>\n

On May 17, the stock price first fell below the reference price ($250)<\/a>. The decline came amid a crypto-market correction \u2014 Bitcoin briefly reached $42,185<\/a>.<\/p>\n

In the same month, Coinbase announced<\/a> a private placement of convertible bonds worth $1.25 billion with maturity in 2026.<\/p>\n

In September the company announced plans to conduct a private placement of two bond issues totaling $1.5 billion<\/a>.<\/p>\n

The closing price on Monday, February 14, 2022, was $194.53. Since listing, COIN shares have fallen more than 40%.<\/p>\n

\"Temasek
Data: Nasdaq, Google.<\/figcaption><\/figure>\n

In April 2021, asset manager Ark Invest, through three of its exchange-traded funds, bought 749,205 Coinbase shares<\/a> on the first day of trading.<\/p>\n

In the same month, Cathie Wood bought additional Coinbase securities worth $110 million<\/a>.<\/p>\n

Subscribe to ForkLog news on Telegram: ForkLog Feed<\/a> \u2014 full news coverage, ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Singaporean investment holding Temasek sold Coinbase shares of the Nasdaq-listed cryptocurrency exchange, according to a report to the U.S. Securities and Exchange Commission (SEC).<\/p>\n","protected":false},"author":1,"featured_media":57749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[138,2175],"class_list":["post-57748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinbase","tag-temasek"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=57748"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57748\/revisions"}],"predecessor-version":[{"id":57750,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57748\/revisions\/57750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/57749"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=57748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=57748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=57748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}