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According to SoSoValue data, as of 8 AM Eastern Time on May 11, 2026, the total net purchase of Bitcoin by publicly listed companies worldwide (excluding mining companies) for the week was $45.08 million, a decrease of 83.5% compared to two weeks ago.Strategy (formerly MicroStrategy) announced an investment of $43 million (a decrease of 83.1% compared to two weeks ago) to purchase 535 Bitcoins at a price of $80,340, bringing its total holdings to 818,869 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, four other companies purchased Bitcoin last week. Cryptocurrency exchange Coinbase announced on May 7 that it had increased its holdings by 1,103 Bitcoins, with the specific expenditure not disclosed, bringing its total holdings to 16,949 Bitcoins; fintech company Block announced on May 7 that it had increased its holdings by 149 Bitcoins, with the specific purchase amount not disclosed, bringing its total holdings to 9,032 Bitcoins; Bitcoin company American Bitcoin announced on May 6 that it had purchased approximately 1,600 Bitcoins, with the specific amount not disclosed, bringing its total holdings to approximately 7,021 Bitcoins; and the UK Bitcoin company The Smarter Web Company announced on May 5 that it had invested $2.08 million to purchase 27 Bitcoins at a price of $77,087, bringing its total holdings to 2,805 Bitcoins.Capital B announced the completion of a €15.2 million financing round, with participants including global institutional investors and strategic investors Adam Back and TOBAM, aimed at accelerating Bitcoin purchases.As of the time of publication, the total amount of Bitcoin held by the publicly listed companies included in the statistics (excluding mining companies) is 1,088,090 Bitcoins, an increase of 0.3% compared to two weeks ago, with a current market value of approximately $88.32 billion, accounting for 5.4% of Bitcoin's circulating market value.

Market analysis reports show that Coinbase and Kraken together account for 22% of all AI citations in the cryptocurrency category, with Coinbase accounting for 13% and Kraken for 9%, leading by more than three times compared to other U.S. trading platforms.Gemini ranks third with 5.5%, Robinhood Crypto ranks fourth with 5%, and BlackRock's spot Bitcoin ETF IBIT ranks fifth with 4.5%, dominating questions related to "Bitcoin ETF." The analysis points out that the influence of hardware wallets in AI responses is diminishing; while Ledger and Trezor still dominate questions related to "best crypto wallets," AI is increasingly inclined to recommend regulated trading platform custody solutions for the question of "best crypto asset storage methods."The report believes that the "self-custody narrative" that emerged after the FTX incident is no longer the dominant framework cited by AI. Furthermore, AI is rapidly shaping the landscape of U.S. retail crypto financial brands. "When users ask ChatGPT where to buy Bitcoin, the platforms prioritized by AI will have the opportunity to define the industry landscape for the next decade."

Coinbase CEO Brian Armstrong posted on the X platform that there was a service outage at Coinbase yesterday, which is absolutely unacceptable. The root cause was multiple cooling units at the AWS data center failing simultaneously, leading to overheating in one server room. Most of Coinbase's systems are designed with redundancy to handle the failure of a single availability zone, and they did operate normally last night.However, centralized exchanges were not spared, as their architecture is specially optimized for low latency and customer co-location, making it difficult to simultaneously ensure fault tolerance at the availability zone level. While enabling the exchange to withstand availability zone failures would introduce latency issues and disrupt customer co-location, the team will reassess these trade-offs to at least ensure that when a switch to a different availability zone is needed, the duration of the outage can be significantly reduced. He expressed gratitude to the AWS and Coinbase teams who worked through the night to repair the issue and promised to release a detailed technical explanation later.

According to official data, Coinbase increased its holdings by 1,103 bitcoins in the first quarter of 2026, raising its total holdings to 16,492 bitcoins.

According to Politico, Coinbase, Kraken, and Gemini proposed to lawmakers earlier this year to remove a provision in the digital asset bill that requires cryptocurrency trading platforms to only list "non-manipulable" digital assets. The three exchanges are concerned that this would make it more difficult to list small-cap tokens.This amendment occurred after the Senate Agriculture Committee voted to advance the bill in January. The CFTC has long required exchanges to "self-certify" that the product contracts they list are not easily manipulable, but cryptocurrency companies believe this standard does not apply to the spot crypto market. The three exchanges stated that they have been working with Congress for years to push for comprehensive federal regulation of the digital asset market. Coinbase's Federal Policy Director Robin Cook stated that they hope to ensure consumers are protected by standards suitable for spot trading.

According to market news, Coinbase, Kraken, and Gemini submitted revisions to the U.S. Senate Agriculture Committee, requesting the removal of the provision in the digital asset bill that requires trading platforms to list only tokens that are "not readily susceptible to manipulation."The three companies believe that this provision will increase the difficulty of listing small-cap, low-liquidity tokens and could be used by future CFTC chairs as a tool for tightening regulation. The current draft aims to grant the CFTC broader powers over the spot markets for "digital commodities" such as Bitcoin and Ethereum. The Senate Agriculture Committee has already passed the relevant sections along party lines, and further significant modifications will be made to gain support from the Democrats.

According to Lookonchain monitoring, Fidelity deposited 23,919 ETH into Coinbase in the past hour, worth $54.44 million.

According to Onchain Lens monitoring, BlackRock deposited 1,224 BTC (worth $98.16 million) and 11,475 ETH (worth $26.27 million) into Coinbase, and may continue to deposit.

Coinbase stated that the system detected a high error rate in multiple services, subsequently pinpointing the failure to the AWS US-EAST-1 availability zone use1-az4. The Coinbase system originally had single availability zone fault tolerance, but this failure affected multiple availability zones, resulting in a prolonged interruption of core trading services.The main issues have now been fully resolved, and the team will conduct a comprehensive analysis of this incident and provide further updates after AWS releases the official review report.

According to the OpenInsider tracking system, from May 2025 to the present, Coinbase founder and CEO Brian Armstrong has sold over 1.5 million shares of COIN, totaling approximately $550 million in cash.In addition, Coinbase announced its financial report for the first quarter of 2026 today, reporting a net loss of $394 million and total revenue dropping to $1.41 billion.

According to the official announcement, all markets on the Coinbase exchange have resumed trading.

Coinbase experienced service interruptions due to rising temperatures at the AWS US-EAST-1 data center. Trading will first resume in "cancel only" mode, with full trading recovery coming soon.

The Coinbase exchange has been down for over 2 hours, and its status page redirects users to the AWS status page.

Coinbase Chief Financial Officer Alesia Haas stated during this morning's earnings call: "I want to quickly remind everyone that our USDC contract (note: referring to the distribution agreement with Circle) automatically renews every three years and is perpetual. This contract cannot be terminated."Coinbase Chief Compliance Officer Paul Grewal also stated: "Fortunately, the terms of the contract we have signed with Circle are established, and as Alesia Haas emphasized, these contracts will automatically renew. We expect to continue our partnership with Circle under the same terms in the future."

According to Onchain Lens monitoring, the Ethereum Name Service (ENS) team deposited 1.46 million ENS, worth 9.32 million dollars, from its token time-lock wallet to Coinbase 3 hours ago.

According to Onchain Lens monitoring, the U.S. government (Brian Krewson seized funds) deposited 2,466 UNI into Coinbase Prime, worth $8,410; 152,925 CRO, worth $10,689; and 1,589 LINK, worth $15.703 million.

Coinbase released its first-quarter financial report, recording a net loss of $394.1 million, due to a significant drop in cryptocurrency prices during this period, resulting in substantial losses on the digital assets held on the exchange's balance sheet. The company reported a loss of $482 million on crypto assets held for investment purposes.Coinbase CEO Brian Armstrong remains optimistic, stating that "all finance" will eventually move on-chain, and the company is built to capture this transformation. Armstrong said, "Despite the downturn in the crypto market, the fundamental growth of the on-chain economy remains strong." He also mentioned that Coinbase is transitioning from a "spot-focused crypto platform" to a platform where users can trade a variety of asset classes, including derivatives, commodities, futures, and contracts for predicting market events.In the first quarter of 2025, Coinbase (COIN) recorded a net profit of $66 million. The latest quarter marks Coinbase's second consecutive quarter of net losses, with the previous quarter recording a net loss of $667 million. Coinbase's total revenue for the first quarter of 2026 was $1.41 billion, a 31% decrease compared to the same period in 2025; trading revenue fell 40% year-on-year to $756 million; subscription and services revenue saw a smaller decline, down 14% to $584 million. The first quarter experienced significant volatility in crypto prices, with the market heavily selling off, causing Bitcoin to drop from over $97,000 in January to around $63,000 in early February. By the end of the period, BTC remained below $70,000, dragging down the entire crypto market.Coinbase attempted to downplay the quarterly losses and revenue decline by highlighting some achievements during the quarter, including its global crypto trading market share reaching 8.6%. The company also recorded an adjusted EBITDA of $303 million, down from $930 million in the first quarter of 2025. According to Yahoo Finance, the company's stock price fell about 6% in after-hours trading, to $182 per share.