Exchanges· ★★★★· bullish·

Coinbase returns to profit as crypto investment gains offset trading weakness

  • —Investment gains offset a decline in trading activity
  • —Q3 revenue came in at $1.2 billion, EPS at $2.51
  • —Trading volume was $134.5 billion, market share 10.7%
Why it matters: The return to profit signals Coinbase is reducing reliance on trading fees through investments and subscriptions.
#COIN
Source: Google News (crypto query)
More on this
Exchanges · Oct 5
Strategy Returns to Profitability on $21 Billion Unrealized Gain
 Exchanges · 03:38
Coinbase posts $718.7M profit as insiders plan $2.2B share sale
 Exchanges · 03:24
Strategy and Coinbase post Q3 results: record profit and market share gains