Coinbase reports $88M Bitcoin purchase for its treasury in Q1 2026
Coinbase said on its Q1 2026 earnings call that it bought $88 million worth of bitcoin during the quarter, expanding the company’s corporate treasury holdings. The disclosure places the Nasdaq-listed exchange among other public firms that keep BTC on their balance sheets. On the same call, CFO Alesia Haas said Coinbase’s revenue-sharing agreement with Circle for USDC auto-renews every three years and cannot be terminated.