Coinbase increases corporate Bitcoin treasury to 18,000 BTC
Coinbase has expanded its corporate treasury holdings to 18,000 Bitcoin, with CEO Brian Armstrong stating the exchange purchased its 18,000th BTC to commemorate Bitcoin's 18th birthday.
Coinbase has increased its corporate treasury holdings to 18,000 BTC, according to reports from crypto outlets. Watcher.Guru reported the milestone and valued the company's total position at more than $1.4 billion, while CoinGecko similarly confirmed that the exchange's corporate treasury had reached 18,000 BTC.[1][2]
Coinbase CEO Brian Armstrong said the company bought its 18,000th Bitcoin specifically to celebrate Bitcoin's 18th birthday, according to Bitcoin Magazine. The publication placed the current value of Coinbase's treasury holdings at $1.39 billion.[3]
Key facts
- Coinbase increased its corporate treasury holdings to 18,000 BTC.
- Watcher.Guru valued Coinbase's 18,000 BTC position at over $1.4 billion.
- Coinbase CEO Brian Armstrong stated the firm acquired its 18,000th BTC to celebrate Bitcoin's 18th birthday.
- Bitcoin Magazine reported Coinbase's Bitcoin treasury is currently valued at $1.39 billion.
Sources · 3 sources
- WG
Watcher.Guru@WatcherGuruPost on X ·
JUST IN: Coinbase increases its Bitcoin holdings to 18,000 $BTC, worth over $1,400,000,000. https://t.co/N3SPQvHREu
Open source - CO
CoinGecko@coingeckoPost on X ·
JUST IN: Coinbase's corporate treasury Bitcoin holdings hit 18,000 $BTC. https://t.co/rXYYx0eTXl
Open source - BM
Bitcoin Magazine@BitcoinMagazinePost on X ·
JUST IN: 🇺🇸 Coinbase CEO Brian Armstrong says they bought their 18,000th BTC to celebrate Bitcoin's 18th birthday 👀 Their treasury is now worth $1.39 billion! 🚀 https://t.co/M8DU7X0BKr
Open source