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flag Trexquant Investment LP invests $7.7M in Coinbase, which reported strong quarterly earnings.

flag Trexquant Investment LP has invested $7.7 million in Coinbase Global, purchasing 31,008 shares. flag Coinbase reported strong earnings per share of $3.39 for the last quarter, exceeding analyst estimates. flag The company has a market cap of $43.35 billion, a price-to-earnings ratio of 17.97, and a beta of 3.66. flag Additionally, CIBC Private Wealth Group LLC increased its holdings in Coinbase by 131.5%, now owning 5,512 shares.

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