Coinbase $COIN
As goes Bitcoin, Coinbase goes, well, that’s the theory at least. Coinbase are doing all they can to remove this link offering more coins and other complimentary add ons. Coming of the back of a volatile quarter in the crypto markets but with prices remaining high it’ll be interesting to see if Coin base is a good boi or in the dog house
So it’s dog house then. Revenue dropped 40% from the previous quarter. This is the problem of a transactional business model that is pegged to volatility. Maybe I’m old fashioned but the last 3 months seems volatile enough.
