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Public Companies

Coinbase

🇺🇸 United StatesCOINNASDAQ

Cryptocurrency Portfolio

2 tokens • $1.47B
Primary
BTC icon
BTC
11,776
$1.06B
71.7%
of portfolio
ETH icon
ETH
137,334
$417.45M
28.3%
of portfolio

Key Metrics

Market Cap
$78.25B
mNAV
74.00×
Volume (30d)
$74.41B

About Coinbase

Coinbase Global, Inc. is a prominent public company in the cryptocurrency industry, headquartered in the United States. Established in 2012, Coinbase has evolved into a major digital asset exchange, offering a secure and accessible platform for the buying, selling, and storing of Bitcoin and other cryptocurrencies. The company is recognized for its strong infrastructure, adherence to regulatory requirements, and dedication to transparency, which have positioned it as a reliable portal for retail and institutional investors exploring the Bitcoin market. Coinbase’s core business revolves around facilitating cryptocurrency transactions, providing custodial services, and offering advanced trading tools. Its revenue streams include transaction fees, subscription services, and institutional custody solutions.

As a publicly traded company, Coinbase provides detailed financial disclosures that offer valuable insights into its Bitcoin holdings and strategies. The company's approach to Bitcoin is marked by strategic and pragmatic decisions, with substantial reserves held for both investment and operational purposes. This reflects a firm belief in Bitcoin's long-term value proposition. With its significant market presence, Coinbase plays a crucial role in influencing Bitcoin adoption within the United States and setting industry benchmarks for security, compliance, and transparency.

Coinbase’s Bitcoin treasury strategy is a focal point for investors, analysts, and the wider crypto community, highlighting its importance as an indicator for institutional participation in the Bitcoin ecosystem. The company’s transparent reporting and consistent accumulation of Bitcoin have established it as a reference point for other public companies considering similar strategies. By maintaining a strong position in Bitcoin reserves, Coinbase underscores its confidence in Bitcoin as a core component of its operational infrastructure and financial strategy.

As of December 2025, it held 11,776 BTC valued at $1.06B and a total crypto portfolio worth $1.47B.

Coinbase — BTC Holdings Over Time

05K10KDec 2020Jul 2021Feb 2022Sep 2022Apr 2023Nov 2023Jun 2024Dec 2024Jul 2025Aug 2025

Historical Performance

Market Cap History

$38.7B$55.8B$72.9B$90.0B$107.1BDec 9, 2024Jan 22, 2025Mar 4, 2025Apr 11, 2025May 22, 2025Jul 3, 2025

NAV History

$216.6M$410.9M$605.2M$799.4M$993.7MDec 7, 2024Jan 17, 2025Feb 27, 2025Apr 9, 2025May 20, 2025Jun 30, 2025