Coinbase Q3 Revenue Drops 17% as Trading Volume Decreases
TLDR Coinbase Q3 revenue fell to $1.2B from $1.45B in Q2, missing analyst expectations Company announced $1B share repurchase program despite revenue decline Trading volumes decreased to $185B from $226B, with retail trading showing steeper decline Base network showed 55% growth in transaction processing quarter-over-quarter MicroStrategy plans to raise $42B over three years to purchase [...] The post Coinbase Q3 Revenue Drops 17% as Trading Volume Decreases appeared first on Blockonomi.