Coinbase Increases Bitcoin Holdings, Plans Tokenized Stocks In U.S.
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Coinbase (COIN) said it is increasing its bitcoin (BTC) holdings and that it plans to launch tokenized U.S. stocks and prediction markets in the coming months, marking a significant expansion of its business as it seeks to diversify its revenue stream. In a post on X on Thursday, Coinbase CEO Brian Armstrong said, “Coinbase is long bitcoin. Our holding increased by 2,509 BTC in Q2, and we keep buying more." The news about Coinbase buying bitcoin isn't new, but it is definitely on trend, as many ...
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