Coinbase, in partnership with MarketVector, has introduced the Coinbase 50 Index (COIN50), a crypto-focused benchmark that the companies hope will be the industry standard.
As The Street seems to continually underestimate the company’s revenues, we felt it was important to provide a resource to those who want to come up with their own conclusions.
The notes, which mature in 2030, will be convertible into cash, A-shares of the company’s stock, or a combination.
Overall, the quarter seemed to have marked a turning point for Coinbase.
While crypto prices make a comeback, public companies are taking advantage of the uptick in market momentum with several splashy announcements.
Our gripe arises around the lack of introspection about what a potential ETF might mean for the company. The truth of the matter is that an ETF is a double edged sword.
Coinbase is officially acquiring a stake in USDC stablecoin issuer Circle.
Regardless of how Coinbase did in regards to analysts expectations (which they beat, by the way), if we take a step back and evaluate how the business is doing as just a business, it’s quite obvious that it is well run.
With the company expected to release earnings results for Q2, 2023 on Thursday, August 3, we thought it would be helpful to provide some insights into what investors will be watching.
While all eyes were on Ripple last week (and for good reason), there was plenty of other news surrounding Coinbase that got lost underneath the headlines.
In order for Hut 8 to successfully continue operations without having to liquidate their crypto treasury, they needed a partner to support them.
This influx of liquidity is particularly needed in the crypto space after trading firms like Jane Street and Jump scaled back their crypto operations.
The SEC has taken one of their biggest shots yet, suing dominant crypto exchanges Binance and Coinbase on back-to-back days. But, although the suits were similar, the situations are completely different.
Overall, the company performed well in Q1, 2023. With that being said, it is still dependent on the same ol’ revenue streams.
Turns out that you can only kick somebody around for so long until they start to explore leaving.
Coinbase has released a new project to diversify their revenue. Only, it’s something we didn’t anticipate at all.
Q4 wasn’t the best showing for the “premier” crypto exchange. The financials weren’t great, the earnings call was boring, and regulation continues to be a major factor.
Fortunes are made coming out of bear markets and right now Coinbase has the cash to weather a prolonged storm.
Coinbase Q4 2021 revenue was $2.5 billion, meaningfully higher than the $585 million from the same quarter in 2020
Tomorrow, after market close, Coinbase (COIN) will report 2021 Q4 earnings. Here's what we can expect.
