CoinShares (CSHR) Invested Capital (2023 - 2025)

CoinShares (CSHR) posted quarterly Invested Capital of -$1.4 million for Q4 2025, down 109.43% year-over-year from $15.0 million in Q4 2024, and down 109.43% on a QoQ basis from $15.0 million in Q4 2024.

CoinShares (CSHR) Invested Capital (2023 - 2025) Analysis & Trends

CoinShares (CSHR) has reported Invested Capital for 3 consecutive years, with -$1.4 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Invested Capital fell 109.43% year-over-year to -$1.4 million; the TTM figure through Dec 2025 stood at -$1.4 million (down 109.43% YoY), while the FY2025 annual figure was -$1.4 million, down 109.43% from the prior year.
  • Invested Capital came in at -$1.4 million for Q4 2025 at CoinShares, down from $15.0 million in the prior quarter.
  • The five-year high for Invested Capital was $227.3 million in Q4 2023, with the low at -$1.4 million in Q4 2025.
  • Average Invested Capital over 3 years is $80.3 million, with a median of $15.0 million recorded in 2024.
  • Across the five-year window, Invested Capital slumped 93.42% in 2024 and slumped 109.43% in 2025, its largest moves.
  • Year by year, Invested Capital stood at $227.3 million in 2023, then plunged by 93.42% to $15.0 million in 2024, then plunged by 109.43% to -$1.4 million in 2025.
  • According to Business Quant data, Invested Capital over the past three periods registered -$1.4 million, $15.0 million, and $227.3 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 486.95 Bn
2 Goldman Sachs 309.79 Bn -627.76 Bn - 122.78 Bn
3 Schwab Charles 167.21 Bn 122.24 Bn - 49.23 Bn
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn 6.75 Bn
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn 9.69 Bn
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 12.87 Bn
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 7.31 Bn
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn 3.43 Bn
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn 2.94 Bn
10 CoinShares 397.95 -60.94 Mn - -1.41 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -1.41 Mn
Dec 31, 2024 14.96 Mn
Dec 31, 2023 227.30 Mn