coinbase Doubles Down on Bitcoin: Buys $222M in BTC, Surpasses Tesla in Corporate Holdings
Coinbase just made a bold bet on Bitcoin—snagging 2,509 BTC for $222 million in Q2, boosting its total stash to 11,776 BTC ($1.3 billion). The move vaults the exchange back into the top 10 for corporate Bitcoin treasuries, overtaking Elon Musk’s Tesla.$BTC #MarketPullback
Coinbase just made a bold bet on Bitcoin—snagging 2,509 BTC for $222 million in Q2, boosting its total stash to 11,776 BTC ($1.3 billion). The move vaults the exchange back into the top 10 for corporate Bitcoin treasuries, overtaking Elon Musk’s Tesla.$BTC #MarketPullback