Coinbase Expands Corporate Treasury to 18,000 Bitcoin Following Post-Q3 Purchase

Coinbase now holds 18,000 Bitcoin in its corporate treasury, according to Chief Executive Officer Brian Armstrong. The milestone follows an additional post-quarter purchase of 46 Bitcoin. During the third quarter, the cryptocurrency exchange added 643 Bitcoin to its balance sheet, concluding the period with a total of 17,954 Bitcoin. With these corporate treasury holdings, Coinbase retains eighth place in the global Bitcoin 100 ranking of corporate and institutional asset holders as it continues to treat the digital asset as a strategic reserve.