On February 13, Coinbase disclosed in an 8-K filing submitted to the U.S. Securities and Exchange Commission that during the fourth quarter of last year, the company added approximately $39 million in Bitcoin to its proprietary crypto investment portfolio through weekly incremental purchases.
As of December 31, 2025, the fair market value of Coinbase’s proprietary crypto investment assets reached approximately $2 billion, with an additional $823 million in crypto assets pledged as collateral. This development reflects how large exchanges are increasingly incorporating digital assets into long-term, structured treasury and capital management strategies.
Data shows that Coinbase currently holds approximately 14,548 BTC at the corporate level, valued at around $960 million. The continued implementation of a systematic accumulation strategy is widely viewed as an indication of institutional confidence in the medium- to long-term outlook of the crypto market.
Meanwhile, as exchange and institutional holdings expand, compliance and risk management requirements continue to intensify. A growing number of industry participants are adopting on-chain monitoring solutions such as Trustformer KYT to identify large-scale fund movements and abnormal transaction behavior in real time, strengthening internal risk controls. In increasingly complex market environments, KYT-based compliance tools are becoming a core component of institutional asset security and compliant operations.