Coinbase has significantly increased its Bitcoin holdings and is planning to launch a new range of services for its U.S. users. In the second quarter of 2025, the company purchased 2,509 BTC, bringing its total holdings to a level that places it in the top 10 public companies holding Bitcoin, surpassing Tesla. CEO Brian Armstrong confirmed the ongoing accumulation, stating, “Coinbase is long Bitcoin.”
Despite this strategic move, the company reported disappointing Q2 financial results, with revenue of $1.5 billion falling short of analyst expectations. This contrasts with a strong performance from rival Robinhood, which beat its own revenue estimates.
In a separate announcement, Coinbase revealed its plan to become an “everything exchange” for U.S. customers. The new services, which will be rolled out in the coming months, will include:
- Tokenized stocks
- Prediction markets
- Derivatives
- Early token sales
This initiative aligns with the U.S. SEC’s recent launch of “Project Crypto,” an effort to modernize regulations for digital assets. Coinbase is not alone in this venture, as competitors like Robinhood, Kraken, and Gemini have also begun offering tokenized equity products.
August 2025, Cryptoniteuae
