Is Coinbase A Buy? 2Q 2023 Earnings Report
@koolgal:
🌟🌟🌟$Coinbase Global, Inc.(COIN)$ started with a vision to bring over 1 billion people into crypto, remaining steadfast in its mission to increase global economic freedom. Coinbase is the world's largest crypto exchange. Its share price has jumped 141% year todate but is down from its all time high of USD 429.54 from April 2021. Is Coinbase a Buy? Let's dive into the exciting world of Coinbase and cryptocurrency. Coinbase has just reported its 6th consecutive quarterly loss of 42 cents per share while net revenue fell 17.9% to USD 663 million. Total revenue declined 8% to USD 708 million. Monthly Transacting Users fell 19% to USD 7.3 million. Consumer trading volume for the q