Coinbase CEO Brian Armstrong announced the company is reconsidering its approach to Bitcoin investments, opting for a more cautious strategy after facing financial risks associated with heavy investment in the cryptocurrency. The move comes after Coinbase’s decision to avoid adopting Michael Saylor’s aggressive Bitcoin-focused strategy, which had previously caused concern among experts about liquidity and sustainability. 80% of their assets are held in Bitcoin, resulting in a substantial $1.3 billion holding. Armstrong cited financial risks like threats to cash flow and operational stability as key factors in this decision. While Coinbase maintains this cautious approach, the strategy has drawn diverse opinions: some applaud the company’s focus on long-term health while others argue missed opportunities in the current bullish market. Market analysts are closely watching for further moves.