Multicoin Capital Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Multicoin Capital Management, LLC reported 3 stock positions worth $264.4 million. Its top holding was Coinbase Global Class A (COIN) at 71.9% of the portfolio, followed by Grayscale Bitcoin Trust ETF (GBTC, 25.2%) and Grayscale Bitcoin Mini Trust (BTC, 2.8%). Compared with Q2 2024, it sold out of 1. The biggest sale was an exit from SHIFT4 Payments Class A (FOUR).

Most Recent 13F
Q2 2026
Location
AUSTIN, TX
CIK
0002017172
Portfolio Value
$264.4M (Q3 2024)
SEC Filing
0002017172-24-000001 ↗ filed Nov 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $300.9M Q1 2024 Q2 2024: $308.0M Q2 2024 Q3 2024: $264.4M $264.4M Q3 2024 Q4 2024: $374.0M Q4 2024 Q1 2025: $95.8M Q1 2025 Q2 2025: $124.8M Q2 2025 Q3 2025: $274.3M Q3 2025 Q4 2025: $114.4M Q4 2025 Q1 2026: $75.9M Q1 2026 Q2 2026: $165.1M Q2 2026

Holdings 3 stocks · $264.4M
COIN Coinbase Global Inc. Class A 71.94% 1,067,797 $190.2M No change
GBTC Grayscale Bitcoin Trust ETF 25.24% 1,321,808 $66.8M No change
BTC Grayscale Bitcoin Mini Trust 2.81% 1,321,808 $7.4M No change

Portfolio Sells Q2 2024 → Q3 2024
FOUR SHIFT4 Payments Inc. Class A Sold out 0.00% −0.12

Portfolio Buys Q2 2024 → Q3 2024
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2$165.1MHOOD, BSOL
Q1 2026 3$75.9MHOOD, BSOL, FWDI
Q4 2025 4$114.4MFWDI, BSOL, GBTC, BTC
Q3 2025 3$274.3MFWDI, GBTC, BTC
Q2 2025 2$124.8MGBTC, BTC
Q1 2025 2$95.8MGBTC, BTC
Q4 2024 3$374.0MCOIN, GBTC, BTC
Q3 2024 3$264.4MCOIN, GBTC, BTC
Q2 2024Amended 3$308.0MCOIN, GBTC, FOUR
Q1 2024Amended 3$300.9MCOIN, GBTC, FOUR