Exactly as we've been predicting, @Coinbase has swung to an accounting loss in Q4, and likely took an economic loss before then.

22 Feb 2023, 00:10
Exactly as we've been predicting, @Coinbase has swung to an accounting loss in Q4, and likely took an economic loss before then. See our analyses here, and remember, our research tells us that the bulk of their business relies on unlicensed patented tech Coinbase swings to quarterly loss as crypto winter hits trading volume