CoinShares International Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:3TW Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
03 Jul 25	Sell€80,411	Frank Spiteri	Individual	12,750	€6.31
27 May 25	Sell€432,053	Daniel Masters	Individual	44,562	€9.75
15 May 25	Buy€2,006	Carsten Koppen	Individual	275	€7.30
27 Mar 25	Buy€216,524	Daniel Masters	Individual	31,326	€6.92
14 Mar 25	Sell€405,634	Frank Spiteri	Individual	65,000	€6.26
26 Feb 25	Sell€100,436	Frank Spiteri	Individual	15,000	€6.70
20 Feb 25	Sell€112,860	Frank Spiteri	Individual	15,000	€7.52
17 Jan 25	Sell€29,620	Frank Spiteri	Individual	3,900	€7.83
14 Jan 25	Sell€43,096	Frank Spiteri	Individual	6,000	€7.49
13 Jan 25	Buy€184,868	Daniel Masters	Individual	26,040	€7.19
07 Jan 25	Buy€734,249	Daniel Masters	Individual	96,886	€7.58
07 Jan 25	Sell€3,850	Frank Spiteri	Individual	500	€7.70
02 Jan 25	Sell€14,936	Frank Spiteri	Individual	2,000	€7.47
23 Dec 24	Sell€6,135	Frank Spiteri	Individual	850	€7.22
18 Dec 24	Sell€11,483	Frank Spiteri	Individual	1,500	€7.66

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 3TW?
Owner Type	Number of Shares	Ownership Percentage
Institutions	1,627,102	2.48%
Private Companies	3,966,213	6.05%
General Public	24,076,522	36.7%
Individual Insiders	35,856,870	54.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 63.89% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.4%	Russell Newton	8,096,078	€87.8m	0%	no data
12.1%	Alan Howard	7,913,540	€85.8m	0%	no data
10.8%	Daniel Masters	7,068,501	€76.6m	0%	no data
5.95%	Adam Levinson	3,896,618	€42.2m	0%	no data
4.79%	Paul Davidson	3,140,000	€34.0m	0%	no data
4.5%	Dwight Anderson	2,948,243	€32.0m	0%	no data
3.92%	Vitruvius Limited	2,566,213	€27.8m	0%	no data
3.62%	Meltem Demirors	2,374,230	€25.7m	0%	no data
2.14%	Horseferry Trading Pte. Ltd.	1,400,000	€15.2m	0%	no data
0.94%	Strategic Advisers LLC	618,970	€6.7m	28.3%	no data
0.51%	Frank Spiteri	333,648	€3.6m	0%	no data
0.5%	SEB Investment Management AB	330,832	€3.6m	0%	0.01%
0.5%	Invesco Capital Management LLC	327,763	€3.6m	31.8%	no data
0.31%	Handelsbanken Asset Management	201,660	€2.2m	0%	no data
0.22%	Rothschild & Co Asset Management Europe	145,958	€1.6m	0%	0.07%
0.2%	Mirae Asset Global Investments Co., Ltd.	129,670	€1.4m	-10.6%	no data
0.17%	Dimensional Fund Advisors LP	113,939	€1.2m	0%	no data
0.11%	BlackRock, Inc.	72,622	€787.3k	-0.12%	no data
0.11%	Graeme Dickson	71,337	€773.4k	0%	no data
0.044%	Pyfore Capital GmbH	29,142	€315.9k	0%	0.47%
0.031%	Aramea Asset Management AG	20,000	€216.8k	0%	0.04%
0.028%	RAM Active Investments S.A.	18,331	€198.7k	0%	0.02%
0.028%	State Street Global Advisors, Inc.	18,224	€197.5k	-1.44%	no data
0.024%	BetaShares Capital Limited	16,026	€173.8k	-2.43%	no data
0.022%	Carsten Koppen	14,675	€159.1k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/12 11:14
End of Day Share Price	2025/12/12 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CoinShares International Limited is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
null null	ABG Sundal Collier Sponsored
Mark Palmer	BTIG