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Coinbase CEO Says Company Added Its 18,000th Bitcoin to Treasury

Coinbase added 643 BTC in the third quarter and ended the period with 17,954 BTC in holdings.

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A gold Bitcoin token rests beside an open vault compartment / TokenPost.ai
A gold Bitcoin token rests beside an open vault compartment / TokenPost.ai

Coinbase CEO Brian Armstrong said the company added its 18,000th Bitcoin (BTC) to its treasury, bringing its reported holdings to 18,000 BTC.

Coinbase added 643 BTC in the third quarter, ending the period with 17,954 BTC in holdings and placing it eighth in the Bitcoin 100 ranking. That quarter-end balance was 46 BTC below Coinbase’s current total of 18,000 BTC.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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