According to Odaily Planet Daily, Coinbase reported a net profit of $433 million in the third quarter, with total revenue increasing by 25% quarter-over-quarter to $1.9 billion.

During the quarter, Coinbase increased its Bitcoin holdings by $299 million through weekly dollar-cost averaging, bringing its total holdings to 14,548 Bitcoins. As of September 30, the fair market value of Coinbase's investment-grade crypto assets reached $2.6 billion (of which $1.6 billion was Bitcoin), with an additional $1 billion in crypto assets held as collateral, bringing Coinbase's total available resources (including crypto assets) to $15.5 billion.

It's worth noting that Coinbase's transaction revenue this quarter was $1 billion, a 37% increase quarter-over-quarter, but still significantly lower than the peak in the same period last year (Q4 2024 transaction revenue was $1.6 billion, and Q1 2025 was $1.3 billion). This trend indicates that despite rising Bitcoin prices and increased market activity, transaction volume is still insufficient to significantly drive Coinbase's revenue growth. (Forbes)