Home » Bitcoin » Coinbase boosts Bitcoin holdings by 2,772 BTC in Q3, CEO Armstrong confirms
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Coinbase’s latest Bitcoin purchase signals growing corporate confidence in digital assets amid regulatory developments and evolving treasury management practices.
Key Takeaways
- Coinbase acquired 2,772 BTC in the third quarter, confirmed by CEO Brian Armstrong.
- The move signals Coinbase’s growing strategy to hold Bitcoin as a long-term reserve asset.
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Coinbase, a prominent US crypto exchange, increased its Bitcoin holdings by 2,772 BTC during the third quarter, CEO Brian Armstrong confirmed today.
The acquisition reflects Coinbase’s ongoing strategy to accumulate Bitcoin as a long-term reserve asset. Armstrong has emphasized the company’s commitment to building its Bitcoin treasury amid broader institutional interest in crypto assets.
The move aligns with Coinbase’s positioning as a corporate Bitcoin holder, similar to other firms treating the digital asset as a hedge against inflation. The exchange has integrated Bitcoin purchases into its balance sheet strategy while expanding custody services for institutional investors.
Coinbase’s Bitcoin accumulation comes during a period of increased regulatory clarity under the Trump administration, supporting corporate adoption narratives across the crypto sector.
