by aria-ratings.com
October 31, 2025 at 15:04
Coinbase's Bold Move: Increasing Bitcoin Holdings Amid Surging Q3 Profits
Coinbase is making headlines with its impressive Q3 earnings and increased Bitcoin acquisitions.
The company reported a net income of $432.6 million, significantly surpassing analyst expectations.
Driving this success were higher trading volumes and a 37% jump in transaction revenue, which reached $1.05 billion.
As part of its bullish strategy, Coinbase added 2,772 BTC, bringing its total Bitcoin holdings to 14,548 BTC.
CEO Brian Armstrong emphasized the company's belief in Bitcoin as a "reliable store of value" in today's financial landscape.
Coinbase's commitment to accumulating Bitcoin aims at strengthening its financial stability and enhancing long-term returns.
The exchange's recent acquisition of the derivative platform Deribit further positions Coinbase within the competitive crypto market.
This move is also seen as reflective of renewed institutional interest, bolstered by the rising demand for spot Bitcoin ETFs.
Armstrong's statements on long-term Bitcoin potential are expected to positively influence other institutional investors in the market.
Overall, Coinbase continues to solidify its role as a pivotal player in the Bitcoin ecosystem, shaping the future of cryptocurrency.
The United States is urging global regulators to revisit banking standards related to cryptocurrencies, particularly in light of the stablecoin market's rapid expansion. Reportedly led by the US, discussions t...
The UK's digital asset market is set to experience a significant shift following the Financial Conduct Authority's (FCA) decision to lift a four-year ban on cryptocurrency exchange-traded notes (ETNs). IG Grou...
Singaporean authorities have frozen assets totaling over S$150 million (approximately $106 million) connected to Chen Zhi, the alleged leader of a major Bitcoin fraud scheme. This action was executed on Octob...
In a significant legal development for the cryptocurrency sector, the 10th Circuit Court of Appeals ruled against Custodia Bank in its bid to secure a master account from the Federal Reserve. The court upheld ...
Stay informed and up-to-date on the market's latest news with ARIA's Institutional Terminal's News Aggregator.
Find your curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Get Institutional Access