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Coinbase Bought 2,509 BTC in Q2

With this purchase, the exchange has recaptured a spot in the top 10 public bitcoin treasury holders.
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Aug 1, 20251 min read

Coinbase added 2,509 BTC to its corporate reserves during Q2 2025, reinforcing its position among major public holders and signaling its ongoing commitment to long-term Bitcoin strategy.

What’s the Scoop?

  • Purchase Size: Coinbase added 2,509 BTC in Q2, according to CEO Brian Armstrong's update. The company moved into the top 10 list of public companies by Bitcoin holdings.
  • Industry Trend: Public firms collectively acquired a record 159,107 BTC last quarter, outpacing ETFs for the third consecutive quarter.
  • Role of Corporates: The growth reflected a broader trend of companies, rather than retail or ETFs, driving institutional Bitcoin demand.
  • Nasdaq Inclusion: Coinbase joined Strategy and Tesla as Bitcoin-holding companies on the S&P 500, helping normalize BTC as a treasury asset.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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