Coinbase posts first profitable quarter in 2 years as CEO keeps pushing for regulations: ‘We remain confident that the U.S. will get this right’ – Uptrends
After eluding profitability for two years, Coinbase executives celebrated posting $273 million in net income for the fourth quarter of 2023, putting the net profitability for all of 2023 at $95 million. Even before the earnings call, markets were reacting positively to Coinbase, with shares on Thursday closing up 3.3%—and rising about 13% after hours. … Read more
