Coinbase, Strategy earn wins 🚀

It was a tough day for crypto and stock prices alike, but both Coinbase and Bitcoin giant Strategy had good news to share in Q3 earnings reports.

Author

Andrew Hayward
October 30, 2025

Together with

📝 What you need to know

Both Coinbase and Strategy reported earnings Thursday after the close of trading, and both had good news to share after their respective stock prices fell amid a rough day for crypto markets.

Coinbase beat Wall Street forecasts for Q3, with earnings per share of $1.50 versus an expectation of $1.10. Transaction revenue hit $1 billion for the quarter, along with a sizable increase in year-over-year stablecoin revenue. Coinbase VP Anil Gupta told Decrypt that it was “kind of a great quarter for us.”

Meanwhile, Bitcoin treasury giant Strategy reported $2.8 billion in profits for the quarter, despite slowing BTC buys. The firm holds nearly $69 billion worth of Bitcoin. Both COIN and MSTR rose in after-hours trading.

Coinbase Beats Q3 Forecasts as Transaction Revenue Jumps to $1 Billion

Coinbase reported $1.9 billion in third-quarter revenue on Thursday, a 26% increase that slightly beat Wall Street forecasts.

From our partner

Don’t miss out! Sign up on MEXC and earn up to $30 in bonuses! Anyone can join, so try the platform today and experience 2,700+ coins, 500x leverage, top liquidity, fast listings, and global access with no KYC for most users.

📰 In the News

Bitcoin Giant Strategy Records Q3 Profits of $2.8 Billion

Bitcoin treasury Strategy reported third quarter earnings, a period in which the company slowed the pace of its BTC acquisitions.

Bitcoin, Ethereum Bulls Get Rekt: Liquidations Top $1.1 Billion as Prices Fall After Trump Meets Xi

Bitcoin, Ethereum, and other major coins are down as traders digest news from the Fed and President Trump's meeting with China's Xi Jinping.

Bitcoin Miner Core Scientific Investors Nix $9 Billion CoreWeave Merger

Core Scientific investors have rejected a $9 billion deal that would have seen AI compute firm CoreWeave buy the Bitcoin miner.

📊 Myriad Market of the Day

BNB vs XRP: Which will rank higher on November 2nd?

Trade "BNB vs XRP: Which will rank higher on November 2nd?" on Myriad

💬 Quote of the Day

❝

“Solana and XRP had an ‘accelerating advantage,’ if you will, because they were able to benefit from the learnings that we saw in the marketplace with the launch of Bitcoin and Ethereum.”

CME Group’s Giovanni Vicioso says its SOL/XRP futures contracts are its fastest-growing crypto products to date

🥇 Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

🕵🏻‍♀️ Editor’s Picks

Dare Me? This Solana Project Is Paying Out Crypto for Hilarious Stunts

Branded as “the most unhinged platform on the internet,” Dare Markets has raised $2 million in funding to fuel wild stunts with crypto.

Bodega Cat Allegedly Killed by Self-Driving Car Gets Second Life via Meme Coins

A beloved liquor store cat named KitKat was allegedly killed by a Waymo—and meme coin traders are pumping Solana and BNB Chain tokens in its honor.

Anthropic’s AI Models Show Glimmers of Self-Reflection

Anthropic’s Claude models showed early signs of self-awareness, detecting “injected thoughts" and both thrilling and unnerving researchers.

📚 Watch and Learn

📹️ WATCH: Rate Cuts NOT Certain! MegaETH Raised Over $1.25B in Public ICO! Crypto Majors Fall 2-3%!

Crypto Majors Are Red After Fomc’s Shaky Guidance And A Successful Trump Xi Meeting; Btc -3% At $110,100, Eth -3% At $3,900, Bnb +1% At $1,120, Sol -2% At $192. Zec (+9%) And Aero (+7%) Led Top Movers. The Federal Reserve Board Cut Interest Rates By 25 Bps And Said Qt Would End On Dec 1, Though Powell Did Call A December Rate Cut Far From Guaranteed, more.

🎓️ LEARN: What Is Zcash (ZEC)? | The Beginner’s Guide

Zcash is a privacy-focused cryptocurrency that enables users to hide key details of transactions by leveraging zk-SNARKs.

Interested in partnering with Decrypt? Find out more here.