Coinbase Q2 2024 Earnings

Level 4 - Turbo Autist

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Coinbase just released earnings. It has beat both revenue and earnings estimates.

We continue to hold some Coinbase COIN 0.00%↑ stock for the long term. Our thesisof quasi-monopoly status in the US is unchanged. Price is down around 2% since Q1 earnings reported three months ago. This is in line with the crypto market, with Bitcoin up only…