Coinbase swings to profit on interest income strength

by whitepaint on 2/15/2024, 9:27:00 PM with 29 comments

  • by cowboyscott on 2/15/2024, 10:25:44 PM

    The best business in crypto is sitting on US treasuries, second only to trading fees.

  • by AndrewKemendo on 2/15/2024, 11:57:12 PM

    > profit of $273.4 million, or $1.04 per share, in the three months ended Dec. 31, compared with a loss of $557 million, or $2.46 per share, a year ago.

    That’s an $830M increase(!) in revenue in one year

    How is that possible?

  • by Apocryphon on 2/15/2024, 10:40:00 PM

    The Fed takes... and the Fed gives as well!

  • by WhereIsTheTruth on 2/15/2024, 10:45:42 PM

    Nice hospital! Nice nuclear power plants! Nice police office! Clean roads!

  • by sowut on 2/15/2024, 10:12:30 PM

    your financial future will be on the blockchain. trustless, programmable money