A Fourth of July Letter from CoinShares to Our American Shareholders
Rhea-AI Summary
CoinShares (Nasdaq: CSHR) shared a Fourth of July letter to American shareholders, marking the United States’ 250th birthday and its first Independence Day as a Nasdaq-listed company.
Management highlights alignment with shareholders, adoption of US GAAP, focus on transparency, disciplined capital allocation, long-term ownership and value compounding, ongoing profitability since 2016, and a durable European leadership position while leveraging US capital markets for global growth.
Positive
- Profitable since 2016 through every major crypto cycle
- Nasdaq listing provides access to deep US capital markets
Negative
- None.
News Market Reaction – CSHR
In the Jul 1 session, CSHR gained 0.53%, reflecting a mild positive market reaction. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 25 | Market survey release | Neutral | +2.0% | Release of 2026 survey on European wealth advisers’ visibility into client crypto. |
| Jun 24 | Awards recognition | Positive | -6.8% | Named Best Crypto Investment Product in the Finimize Awards 2026. |
| Jun 11 | Industry recognition | Positive | +7.8% | Included in inaugural Fortune Crypto 100 for role in digital asset ecosystem. |
| May 28 | Conference participation | Neutral | -4.0% | CEO speaking on Crypto/Digital Assets Panel at Piper Sandler conference. |
| May 19 | Conference participation | Neutral | +0.9% | CEO panel at Jefferies Digital Assets Investor Conference focused on infrastructure. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent recognition and conference news have produced mixed price reactions, with slightly more events aligning than diverging from the expected positive tone.
Key Terms
us gaap financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
JERSEY, Channel Islands - July 1 2026 - CoinShares PLC (Nasdaq: CSHR) ("CoinShares" or the "Company"), a leading global asset manager specializing in digital assets, today published a message to shareholders.
To our American shareholders, this Fourth of July,
This year, the United States celebrates its 250th birthday. It also happens to be the first Independence Day in which CoinShares can write to you as a Nasdaq-listed company, and maybe more importantly the first in which I can write to you as a fellow public equity shareholder. I remain CoinShares' largest shareholder and simply put: your interests are my interests. Full stop!
We know what becoming a US-listed company asked of us. It began with adopting US GAAP and meeting the standards expected by the world's most robust and deepest capital markets. That said, accounting standards are only the beginning. We intend to embrace the culture of transparency, and disciplined capital allocation that has made American markets the benchmark for global investors. I also fully intend to embrace the concept of long-term ownership, so that we are in full alignment with respect to our goals.
Our ambition is straightforward - build a business that compounds value over time. Since 2016, CoinShares has remained profitable through every major crypto cycle. We have expanded carefully, entered new markets with discipline, and demonstrated that we can acquire, integrate and grow businesses.
Listing on Nasdaq does not change who we are. Our leadership position was built in Europe, where we continue to benefit from a market that remains structurally attractive and still has significant room to grow. Europe is not a smaller version of America. It is a different market with different dynamics, and one where CoinShares has spent more than a decade building a durable competitive advantage.
Like Lafayette landing in South Carolina in 1777, we did not come to America to leave Europe behind. We came because the United States offers the world's deepest pool of capital, the broadest institutional investor base, and the best platform from which to build a truly global company.
Thank you for placing your trust in us. I look forward to rewarding it for many years to come.
Happy Fourth of July.
Sincerely,
Jean-Marie Mognetti
Co-Founder, President and Chief Executive Officer
About CoinShares
CoinShares is a leading global asset manager specializing in digital assets, that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Focusing on crypto since 2013, the firm is headquartered in Jersey, with offices in France, Switzerland, the UK and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, and in the US by the Securities and Exchange Commission, National Futures Association and Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq under the ticker CSHR. For more information on CoinShares, please visit:
Contacts
Company | +44 (0)1534 513 100 | enquiries@coinshares.com
Investor Relations | +44 (0)1534 513 100 | corporateir@coinshares.com
Press Contact
CoinShares
Benoît Pellevoizin
bpellevoizin@coinshares.com
M Group Strategic
Communications
Peter Padovano
coinshares@mgroupsc.com
