Coinbase elevated its cryptocurrency holdings whereas reporting sturdy earnings development throughout Q3 of 2025. CEO Brian Armstrong confirmed that the corporate bought 2,772 Bitcoin throughout that interval. Jesse Pollak, Base’s lead, stated that the key U.S. alternate additionally added 11,933 Ethereum. Pollak wrote, “And we hold shopping for extra.”
For the quarter, Coinbase reported $433 million in internet earnings, up from $75.5 million a yr earlier. Transaction income elevated to $1.05 billion, up from $573 million. The rise got here as market volatility led to larger buying and selling exercise.
As of the top of September, Coinbase’s Bitcoin holdings reached 14,548 BTC, value round $299 million.
Coinbase is lengthy ethereum.
Our holding elevated by 11,933 ETH in Q3. And we hold shopping for extra. https://t.co/T6gDfwDuqY
— jesse.base.eth (@jessepollak) October 31, 2025
Armstrong stated the corporate is increasing past alternate operations. It’s creating prediction markets, tokenized equities and different monetary merchandise that can function by means of a single consumer interface. The objective is to create a unified monetary platform connecting conventional and blockchain belongings.
COIN top off on premarket
Regardless of the upper revenue, Coinbase inventory fell 5.77% after the earnings report, closing at $328.51. This decline displays investor warning in regards to the firm’s dependence on buying and selling volumes. The subsequent day, at the moment, in premarket buying and selling, COIN shares rose about 5%, because it appears analysts reviewed detailed monetary statements.
Coinbase continues to be primarily perceived as a platform whose efficiency will depend on crypto market circumstances.
Nevertheless, the corporate’s rising holdings in Bitcoin and Ethereum counsel a shift towards sustaining direct publicity to digital belongings moderately than simply offering providers to prospects. On this mild, Pollak’s assertion confirmed that Coinbase is constant so as to add to its personal reserves.
