Coinbase Boosts Bitcoin Holdings and Q3 Profit

Coinbase has continued to strengthen its Bitcoin strategy, adding 2,772 BTC to its holdings in Q3 2025 and pushing its total to 14,548 BTC, worth approximately $1.57 billion.

The company also reported a net income of $432.6 million and total revenue of $1.9 billion, up 55% year-over-year. Coinbase attributed this growth to a surge in transaction fees and subscription services, including USDC stablecoin revenue and blockchain rewards.

Expanding the “Everything Exchange” Ecosystem

Coinbase reaffirmed its long-term plan to become an “Everything Exchange”, offering a unified digital marketplace for all asset types.

“We made progress in Q3 by expanding spot assets, derivatives offerings, and laying the foundation for new pillars,” the company said in its report.

The “Everything Exchange” strategy includes advancing USDC adoption, integrating tokenized equities, and supporting early-stage token launches. Following the Q3 announcement, COIN shares rose 2.84% in after-hours trading, reflecting renewed investor confidence.

Institutional Growth and Layer-2 Innovation

Coinbase remains a leading custodian for Wall Street’s spot Bitcoin ETFs, underlining its growing institutional presence. Institutional clients accounted for 80% of total Q3 trading volume, which reached $295 billion, while assets under custody surpassed $300 billion — a new all-time high.

Interestingly, Ether trading volume (22%) nearly matched Bitcoin’s share (24%), showing a more balanced activity mix across digital assets.

Meanwhile, Coinbase’s Base network — its Ethereum Layer 2 solution — saw expanding use across trading, payments, and social apps. The firm also launched Flashblocks, a new feature enabling 200ms block confirmations, further improving blockchain performance and transaction speed.

Read also: Russian Miners May Soon Get Loans Backed by Bitcoin