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@leafmetaX
#CoinbaseQ3ProfitReturns
Here's an important detail behind Coinbase's Q3 results:
$719M reported net income.
$77.7M adjusted net income.
Why the difference?
Gains on crypto assets held for investment significantly boosted reported profit.
A strong headline deserves a closer look. Understanding where profits come from matters just as much as the final number.
#Coinbase #COIN #Crypto
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