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Coinbase just added 150 million dollars in crypto, mainly bitcoin, bringing its investment portfolio to 1.3 billion dollars. But unlike some companies, Coinbase isn’t going all-in on bitcoin or turning it into its identity.

CFO Alesia Haas made it clear: Coinbase is an operating company that invests alongside the crypto space, not a bitcoin maximalist play like Saylor’s.

CEO Brian Armstrong says buying BTC reflects Coinbase’s long-term focus on crypto—not a headline grab, just business. "Crypto is eating financial services," he said.

This isn’t a treasury move. It’s part of how Coinbase runs—a steady, sector-driven approach to crypto.

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