Coinbase Slips On Q1 Miss, Highlights SEC 'Win' And Strategic Bitcoin Reserve Executive Order

About Coinbase Slips On Q1 Miss, Highlights SEC 'Win' And Strategic Bitcoin Reserve Executive Order

Coinbase reported first-quarter revenue of $2.03 billion, missing the $2.12 billion Street estimate, but up from $1.64 billion in the same quarter last year, according to Benzinga. Adjusted earnings of $1.94 missed the $2.11 estimate. The company cited progress toward 2025 goals, including growing market share in global spot and derivatives. Coinbase cited the dismissal of the SEC lawsuit as a major judicial win and highlighted Trump’s executive order on a Strategic Bitcoin Reserve.

Duration

41 sec

Released

2025