• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Coinbase Holds Substantial Bitcoin Reserves: Which Companies Entrusted Their Assets to This Platform

user avatar

by Giorgi Kostiuk

a year ago

  1. Why Pick Coinbase as Your $BTC Custodian?
  2. $BTC Spot ETFs and ETPs
  3. MicroStrategy and CEXes


    4. Recent research revealed that a substantial amount of Bitcoin is under the management of Coinbase. This makes them a significant player in the industry and a potential critical point of failure in case of a hack.

    Why Pick Coinbase as Your $BTC Custodian?

    Crypto custodians have become an essential part of the crypto industry, but only a few can manage substantial amounts of BTC. Coinbase is one of these companies due to several reasons:

    * Regulatory pressure — The current US government is not very crypto-friendly. The SEC actively targets various crypto firms. * Fewer crypto-friendly banks — The government has closed many crypto-friendly banks, reducing the number of available options. * Self-custody — While a good option, it carries risks such as private key management.

    $BTC Spot ETFs and ETPs

    There are 17 companies offering Bitcoin ETFs and ETPs that use Coinbase as their custodian. For example, the Fidelity fund holds its assets in self-custody. These companies collectively manage 806,619 BTC.

    Coinbase holds more than 10% of all Bitcoins in circulation.Research by Company X

    MicroStrategy and CEXes

    MicroStrategy, Tesla, and SpaceX entrust Coinbase with managing their Bitcoin. MicroStrategy holds 79,296 BTC, and together, these three companies hold 99,091 BTC. Exchanges such as Coinbase, Revolut, and Bitvavao manage 1,105,318 BTC.

    Thus, Coinbase serves as the custodian for a significant amount of Bitcoin for various major companies, making it a potential point of failure in case of a hack. This underscores the importance of selecting a reliable partner for cryptocurrency custody.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Artiva Stock Trading Volume Surges Amid FDA Fast Track News

chest

Artiva Biotherapeutics' stock saw extraordinary trading activity on October 17, 2025, with over 525 million shares traded, following the FDA's Fast Track Designation for its AlloNK cell therapy, leading to a 259% increase in stock price.

user avatarFilippo Romano

Artiva Biotherapeutics Stock Soars After FDA Fast Track Designation

chest

Artiva Biotherapeutics' stock surged over 93% after the FDA granted Fast Track Designation to its AlloNK cell therapy for refractory rheumatoid arthritis.

user avatarEmily Carter

Bitcoin Holds Strong as Retail Investors Eye AlphaPepe

chest

Bitcoin remains strong above $100,000 as retail investors seek returns in projects like AlphaPepe.

user avatarTomas Novak

TRON's Utility Grows Steadily

chest

TRON is expanding as a utility-focused blockchain, emphasizing low-cost transactions.

user avatarKaterina Papadopoulou

Chainlink Gains Institutional Trust

chest

Chainlink is experiencing increased institutional interest, reinforcing its position in decentralized finance.

user avatarAisha Farooq

Interactive Brokers IBKR Lite Provides Global Access to Mutual Funds

chest

Interactive Brokers IBKR Lite is recognized for offering a large selection of mutual funds with zero account minimums. This makes IBKR Lite an attractive option for investors looking for a diverse range of funds.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.