Coinbase Adds $300M Bitcoin, Reports $1.9B Q3 Revenue Growth

Coinbase significantly expanded its bitcoin holdings by adding approximately 2,772 BTC valued at nearly $300 million in Q3 2025, bringing its total bitcoin reserves to around 14,548 BTC worth $1.57 billion. This strategic accumulation reflects Coinbase's long-term confidence in bitcoin and aligns with its broader 'Everything Exchange' vision, which integrates spot trading, derivatives, stablecoins, tokenized assets, and new financial products into a single platform. The company posted strong financial results in the quarter, with net income reaching $432.6 million on $1.9 billion in revenue, driven largely by institutional clients who accounted for 80% of the $295 billion trading volume. Coinbase is also actively promoting stablecoin adoption through its partnership with Circle's USDC and expanding services like custody for institutional investors, reinforcing its role in the digital asset ecosystem. CEO Brian Armstrong highlighted the company's focus on creating a global financial platform and pointed to the positive regulatory environment under the Trump administration as a factor encouraging corporate bitcoin adoption. Overall, Coinbase's moves position it as both a market facilitator and a committed participant in digital asset adoption with a strong institutional focus.