Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Coinbase's Q4 results missed expectations, stock dropped despite strong custody demand and bullish outlook.

flag Coinbase's Q4 earnings missed estimates with $0.66 EPS and $1.78B in revenue, down 21.6% year-over-year. flag Institutional investors reduced stakes, while insiders sold $84.2M in stock. flag Despite strong custody demand shown by a $19.5M ETH transfer to Coinbase Prime and CEO Brian Armstrong's bullish Bitcoin outlook, regulatory concerns, high valuation, and investor preference for direct Bitcoin holdings weigh on sentiment. flag The stock trades at a $52.46B market cap with a "Hold" rating and $270.51 average target.

4 Articles