CoinShares (CSHRW) Shares Outstanding (2023 - 2025)
CoinShares (CSHRW) posted Shares Outstanding (Entity) of $105.0 for Q4 2025, down 100.0% on a QoQ basis from $132.3 million in Q2 2025, and down 100.0% year-over-year from $66.7 million in Q4 2024.
Analysis
CoinShares (CSHRW) Shares Outstanding (2023 - 2025) Analysis & Trends
CoinShares has reported Shares Outstanding (Entity) for 3 years, with the latest figure at $105.0 in Q4 2025.
- On a quarterly basis, Shares Outstanding (Entity) fell 100.0% year-over-year to $105.0 in Q4 2025; TTM through Dec 2025 was $105.0, a 100.0% decrease from a year earlier, with the FY2025 full-year figure at $105.0, down 100.0% from the prior year.
- Shares Outstanding (Entity) was $105.0 for Q4 2025 at CoinShares, down from $132.3 million in the prior quarter.
- The five-year high for Shares Outstanding (Entity) was $132.3 million in Q2 2025, with the low at $105.0 in Q4 2025.
- Average Shares Outstanding (Entity) over 3 years is $66.7 million, with a median of $67.3 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Shares Outstanding (Entity) declined 1.96% in 2024, then sank 100.0% in 2025.
- Over 3 years, Shares Outstanding (Entity) stood at $68.0 million in 2023, then declined by 1.96% to $66.7 million in 2024, then tumbled by 100.0% to $105.0 in 2025.
- The last three Shares Outstanding (Entity) figures came in at $105.0 (Q4 2025), $132.3 million (Q2 2025), and $66.7 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 173.88 Bn | 160.24 Bn | - | 155.20 Mn |
| 2 | Spdr Gold Trust | 143.21 Bn | -414.80 Bn | - | 361.94 Mn |
| 3 | World Gold Trust | 30.03 Bn | -73.04 Bn | - | 339.27 Mn |
| 4 | Ishares Gold Trust | 27.84 Bn | -32.27 Bn | - | 369.28 Mn |
| 5 | Principal Financial | 25.04 Bn | -27.21 Bn | 1.91 Bn | 215.90 Mn |
| 6 | iShares Silver Trust | 23.18 Bn | -5.03 Bn | - | 372.94 Mn |
| 7 | Franklin Resources | 17.63 Bn | 15.39 Bn | - | 515.20 Mn |
| 8 | Invesco | 14.60 Bn | 14.32 Bn | 1.79 Bn | 451.30 Mn |
| 9 | Affiliated Managers | 9.57 Bn | 10.05 Bn | - | 26.40 Mn |
| 10 | CoinShares | 118.65 | -48.29 Mn | - | 105.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 105.00 |
| Jun 30, 2025 | 132.26 Mn |
| Dec 31, 2024 | 66.54 Mn |
| Dec 31, 2023 | 67.28 Mn |