How Much Bitcoin Does Coinbase Own?

Coinbase owns 8,633 Bitcoin worth around ~$172 million on its balance sheet as of Q2 2022.

It’s not exactly known what Coinbase’s average purchase price for its Bitcoin is but the company was founded in 2012. Chances are Coinbase CEO and founder Brian Armstrong started buying Bitcoin as early as 2021 when prices were much cheaper.

The company also holds Bitcoin on its platform for over 100 million verified users.

Read our Coinbase statistics page for more information on Coinbase users and revenue numbers.

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