Coinbase Reports $394M Loss as Revenue Drops 31%

TLDR Coinbase reported a net loss of $394.1 million in the first quarter of 2026. The company recorded a $482 million loss on crypto assets held for investment. Total revenue fell 31% year over year to $1.41 billion. Transaction revenue declined 40% to $756 million during the quarter. Subscription and services revenue dropped 14% to [...]

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