Coinbase Holds 2.7 Million Bitcoin, Worth $261 Billion
- Coinbase manages 2.7 million bitcoin.
- This represents 13.7% of all bitcoin in circulation.
- The total value of the bitcoin is approximately $261 billion.
- Wall Street giants, tech companies, and mining firms use Coinbase for crypto storage.
Coinbase, based in San Francisco and listed on Nasdaq as COIN, holds a significant portion of the world’s bitcoin supply, amounting to 13.7% or about $261 billion worth.
Source (2.6)https://news.bitcoin.com/coinbase-quietly-holds-2-7-million-bitcoin-under-management-worth-about-261-billion/?rand=52384
