Coinbase Plans $2 Billion BVNK Acquisition Amid Strong Q3 Earnings

Coinbase Stock Recovery

Coinbase stock (COIN) reached $350 on October 31, buoyed by a positive earnings report and new developments.

$2 Billion BVNK Acquisition Talks

Coinbase is in late-stage talks to acquire BVNK for $2 billion, aiming to expand its stablecoin industry presence.
The deal is expected to close by the end of the year or early next year, though terms may change.
Mastercard was also interested in BVNK but shifted focus to Zerohash for over $1.5 billion.

Q3 2025 Earnings Highlights

Coinbase reported $1.9 billion in revenue and $432.6 million profit in Q3 2025, a 55% increase year-over-year.
Bitcoin holdings increased to 14,458 BTC, up by 2,772 BTC.

As of now, COIN stock is valued at approximately $343.78, reflecting a 4.6% increase in the last 24 hours.

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