CoinShares (CSHRW) Beginning Cash Balance (2023 - 2025)
CoinShares (CSHRW) posted Beginning Cash Balance of $30.4 million for Q4 2025, down 6.32% on a QoQ basis from $32.5 million in Q4 2024, and down 6.32% year-over-year from $32.5 million in Q4 2024.
Analysis
CoinShares (CSHRW) Beginning Cash Balance (2023 - 2025) Analysis & Trends
CoinShares has reported Beginning Cash Balance for 3 years, with the latest figure at $30.4 million in Q4 2025.
- On a quarterly basis, Beginning Cash Balance fell 6.32% year-over-year to $30.4 million in Q4 2025; TTM through Dec 2025 was $30.4 million, a 6.32% decrease from a year earlier, with the FY2025 full-year figure at $30.4 million, down 6.32% from the prior year.
- Beginning Cash Balance was $30.4 million for Q4 2025 at CoinShares, down from $32.5 million in the prior quarter.
- The five-year high for Beginning Cash Balance was $163.1 million in Q4 2023, with the low at $30.4 million in Q4 2025.
- Average Beginning Cash Balance over 3 years is $75.3 million, with a median of $32.5 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Beginning Cash Balance sank 80.09% in 2024, then dropped 6.32% in 2025.
- Over 3 years, Beginning Cash Balance stood at $163.1 million in 2023, then tumbled by 80.09% to $32.5 million in 2024, then decreased by 6.32% to $30.4 million in 2025.
- The last three Beginning Cash Balance figures came in at $30.4 million (Q4 2025), $32.5 million (Q4 2024), and $163.1 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 173.88 Bn | 160.24 Bn | - |
| 2 | Spdr Gold Trust | 143.21 Bn | -414.80 Bn | - |
| 3 | World Gold Trust | 30.03 Bn | -73.04 Bn | - |
| 4 | Ishares Gold Trust | 27.84 Bn | -32.27 Bn | - |
| 5 | Principal Financial | 25.04 Bn | -27.21 Bn | 1.91 Bn |
| 6 | iShares Silver Trust | 23.18 Bn | -5.03 Bn | - |
| 7 | Franklin Resources | 17.63 Bn | 15.39 Bn | - |
| 8 | Invesco | 14.60 Bn | 14.32 Bn | 1.79 Bn |
| 9 | Affiliated Managers | 9.57 Bn | 10.05 Bn | - |
| 10 | CoinShares | 118.65 | -48.29 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 30.42 Mn |
| Dec 31, 2024 | 32.48 Mn |
| Dec 31, 2023 | 163.08 Mn |