Coinbase revealed that it had considered multiple times investing the majority of its cash into Bitcoin following Michael Saylor’s approach but always held back due to concerns about depleting its capital and impacting the exchange’s operations.
Nevertheless Coinbase currently holds 9,480 BTC (around $1 billion) which accounts for the majority of its $1.3 billion in digital assets on the balance sheet. In Q1 2025 Coinbase purchased an additional $153 million in crypto $BTC primarily BTC.
BTC
90,105.28
-0.24%