August 1, 2025

Coinbase misses earnings, stock tumbles 7% despite Bitcoin buying spree in Q2

Key TakeawaysCoinbase stock fell 7% in after-hours trading as Q2 adjusted net income came in at just $33M, down from $524M in Q1.Coinbase bought $222M worth of Bitcoin during the quarter, bringing its crypto investment portfolio to $1.8B.Coinbase reported …

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