Coinbase and Strategy Report Strong Q3 Results, Expand Bitcoin Holdings

Coinbase and Strategy Inc. delivered robust third-quarter earnings while significantly increasing their Bitcoin reserves. Coinbase reported $1.8 billion in revenue and added 2,772 BTC to its balance sheet, bringing total holdings to 14,548 BTC. Strategy Inc. recorded $2.8 billion in quarterly profit with 640,808 BTC valued at approximately $70.9 billion.