Coinbase recorded another profitable quarter with $432.6 million in net income in Q3 on the back of $1.9 billion in revenue, while Coinbase’s Bitcoin holdings rose by 2,772 BTC.
Story Tags
Cointelegraph
Latest news and analysis from Cointelegraph
Related Articles
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....
1 min
Coinbase Reports Q3 Earnings With 25% Revenue Surge
Key Highlights Coinbase CEO, Brian Armstrong, said that his cryptocurrency exchange is long Bitcoin as its Bitcoin holdings…...
1 min
Coinbase and Strategy post record Q3 earnings — Both double down on Bitcoin holdings
Coinbase and Strategy Inc. both posted strong Q3 earnings and expanded their Bitcoin exposure, underscoring deepening corporate accumulation even as BTC consolidates below $108K....
1 min