Coinbase Global Inc Ordinary Shares - Class A

COIN: XNAS (USA)
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Coinbase Earnings: Weak Cryptocurrency Market Conditions Push Coinbase Into Unprofitability

Coinbase reported another quarter of poor earnings as low trading volume continues to pressure the firm. Net revenue decreased 18.5% from last year to $1.22 billion. Meanwhile, the company had net losses of $359.5 million, or $105 million when excluding unrealized cryptocurrency losses.

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