Coinbase swings to profit on interest income strength

[cowboyscott]

The best business in crypto is sitting on US treasuries, second only to trading fees.

[shakow]

Frankly, that's not that far away from finance in general.

[AndrewKemendo]

> profit of $273.4 million, or $1.04 per share, in the three months ended Dec. 31, compared with a loss of $557 million, or $2.46 per share, a year ago.

That’s an $830M increase(!) in revenue in one year

How is that possible?

[jakupovic]

BTC go up and COIN has many BTC.

[Apocryphon]

The Fed takes... and the Fed gives as well!

[WhereIsTheTruth]

Nice hospital! Nice nuclear power plants! Nice police office! Clean roads!

[sowut]

your financial future will be on the blockchain. trustless, programmable money

[notfed]

You were one syllable away from a haiku.

[MarcelOlsz]

Literally nobody wants this. You guys had 15 years.