Coinbase discloses extra $2.0B buyback; $1.7B repurchased through Feb 10

Coinbase said its board approved an extra $2.0 billion repurchase authorization for Class A stock and long-term debt in January 2026. The company repurchased about $1.7 billion of stock in Q4 2025 and through February 10, 2026, and $2.3 billion remained available under the program at that date. It ended 2025 with $11.3 billion in cash and cash equivalents.

• New authorization of $2.0B, approved January 2026
• Q4 2025 repurchases of about 3.3 million shares for $850M
• Total repurchases of $1.7B in Q4 and through February 10, 2026
• $2.3B remaining under the program as of February 10, 2026
• Cash and cash equivalents $11.3B at year-end 2025