Coinbase unable to attain the mark
“As our year-to-date results have clearly demonstrated, our business is volatile. Coinbase is not a quarter-to-quarter investment, but rather a long-term investment in the growth of the crypto economy and our ability to serve users through our products and services. We encourage our investors to take this point of view.”
In the course of the last quarter, Coinbase saw the number of users transacting monthly plummet to 7.4 million from 8.8 million. This was also experienced in Q2.
The post Coinbase stock down 13% after a mixed Q3 earnings report appeared first on Coin Journal.