Coinbase's Bitcoin Buying Spree and Stellar Q3: A Bold Bid for the Future

After adding 2,772 BTC (around $300 million) to its treasury in Q3 2025, Coinbase CEO Brian Armstrong announced the company is "long Bitcoin," therefore raising its whole holdings to 14,548 BTC totaling $1.6 billion, making it the ninth-biggest corporate holder worldwide. Armstrong verified constant accumulation and added, as part of a plan to treat Bitcoin as a long-term reserve asset and inflation hedge, "And we keep buying more," reproducing moves made by Tesla and MicroStrategy.

Purchases followed great Q3 results: $1.9 billion in revenue (up 55% year over year), $433 million in net income (six times year over year), and EPS of $1.50, thus defeating estimates by 45%. Driven by $236 billion in institutional activity, trading volumes reached $295 billion (rising 38% QoQ). With stablecoins ($355 million), subscriptions ($747 million), and staking ($185 million), diversified revenue streams shone and so lowering dependency on trading commissions.

After-hours Coinbase shares jumped 4% driven by Bitcoin confidence and favorable legal tailwind, increasing 33% year to date. Promoting Coinbase as an "everything app" for finance, Armstrong teased a December demonstration for stock tokenisation and forecasting markets.