🔻 Coinbase stock drops 9% post-earnings



In Q2, Coinbase posted $1.43B net profit—mostly from unrealized gains—but missed revenue expectations. Spot trading volume plunged 30%, and user activity fell sharply.

📉 $3.07B lost in user data leak
💰 Bought 2,509 BTC (now holds 11,776 BTC)
📉 Trading income down 39%
💼 Plans to expand into tokenized stocks & prediction markets

Full report reveals both strength and serious risks ahead.
#Crypto # Coinbase #Bitcoin # BTC #Base # Web3 #CryptoNews
NET-0.57%
BTC0.58%
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