ChristKitto
2022-12-08

$Coinbase Global, Inc.(COIN)$ Think I’m adding COIN to my list of companies who’s 10Q’s are prepared by 5 year olds. Adding it to the illustrious list that includes$Caesars Entertainment(CZR)$ $General Electric Co(GE)$ $Boeing(BA)$ $Teladoc Health Inc.(TDOC)$ . Maybe just maybe COIN could include footnote disclosures to help investors better understand the $95 billion of customer crypto assets on the balance sheet particularly the $30 billion of “other”crypto assets ?!? Really? Other? But the real point is always for companies like COIN to remain as vague as possible.

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