Coinbase's End Game: Keep it BASEd | Roundup
Bell Curve
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Coinbase Earnings Call
There may be some sense in the sense that like investors had no idea how to value this news and that the stock was actually down on this news. But let's talk about earnings first because they announced earnings this week before this news came out. In terms of profitability, they reduced their, they had a 4% quarter of a quarter reduction in terms of employee headcount. That's still up 21% year over year, but they're kind of doing what Wall Street wants them to do, which is be more responsible from an operating standpoint.
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