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Coinbase Discloses 2,509 BTC Acquisition in Q2, Re-Enters Top 10 Public Btc Trea

Summary by The Block
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Coinbase purchased 2,509 BTC in the second quarter of 2025, for a total of $222 million, bringing its reserve to 11,776 BTC, ahead of Tesla. Despite a drop in business (volumes down 30%, revenues down 26%), Coinbase posted a net profit of $1.43 billion. The platform aims to become an “everything exchange” with tokenized shares, prediction markets and on-chain token launches. The Coinbase comeback is shaking up Tesla Coinbase has just signed one …

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Tron Weekly Journal broke the news in on Friday, August 1, 2025.
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