Coinbase Reports Bitcoin Purchase, Growing Stablecoin Revenue In Q3

Coinbase Reports Bitcoin Purchase, Growing Stablecoin Revenue In Q3

Coinbase posted $433 million net income in Q3 while adding $299 million to its bitcoin treasury, but transaction revenue remains subdued compared to late 2024.

Coinbase Adds $299 Million in Bitcoin as Q3 Earnings Beat Estimates

Coinbase delivered stronger-than-expected Q3 results, driven by a rebound in crypto trading activity and institutional participation. The company also expanded its bitcoin holdings by $299 million, reinforcing its long-term conviction in digital assets. Surging Q3 Profits See Coinbase Boosts Bitcoin Holdings Coinbase Global (NASDAQ: COIN) reported third-quarter results that surpassed Wall Street expectations, fueled by […]

Coinbase CEO to buy more Bitcoin after Q3 earnings

Coinbase CEO Brian Armstrong shared that the company is going ‘long’ on Bitcoin, revealing that the firm’s BTC holdings have increased by 2,772 BTC and will continue to grow. In a recent post shared on X, Armstrong said that the…

Coinbase Q3 Profit Hits $433M as Bitcoin Holdings Rise to 14,548 BTC Amid Volatility

TLDR: Coinbase’s Q3 profit jumped to $433M as crypto market swings pushed trading revenue to over $1B. Stablecoin income rose to $354.7M, driven by corporate adoption and favorable policy support. Coinbase acquired Deribit to strengthen its position in crypto derivatives trading markets. The company added $299M in Bitcoin during Q3, expanding its holdings to 14,548 BTC. Coinbase has once again shown that volatility pays. The exchange recorded i…

Coinbase Buys $300M Bitcoin In Q3, Reports Strong Earnings

Coinbase reported stronger-than-expected third-quarter earnings Thursday, posting $1.9 billion in revenue — up 26% from the previous quarter — as renewed crypto market momentum boosted both trading and stablecoin income.  The San Francisco-based exchange notched $433 million in net profit, or $1.50 per share, surpassing Wall Street expectations of $1.10 per share on $1.8 billion in revenue. Despite a sequential decline from its record $1.4 billi…