Coinbase Q3 Profit Hits $433M as Bitcoin Holdings Rise to 14,548 BTC Amid Volatility

TLDR: Coinbase’s Q3 profit jumped to $433M as crypto market swings pushed trading revenue to over $1B. Stablecoin income rose to $354.7M, driven by corporate adoption and favorable policy support. Coinbase acquired Deribit to strengthen its position in crypto derivatives trading markets. The company added $299M in Bitcoin during Q3, expanding its holdings to 14,548 [...]

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