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Coinbase revenue increased 514.76% from 2020 to 2021. They were also profitable in 2021. Adding 3x people probably made sense, if they think that that revenue w
by avrionov 4y ago
Coinbase revenue increased 514.76% from 2020 to 2021. They were also profitable in 2021. Adding 3x people probably made sense, if they think that that revenue will continue to increase.
https://www.google.com/finance/quote/COIN:NASDAQ https://www.google.com/finance/quote/COIN:NASDAQ
- rvnx 4y agoSomething maybe more worrying is that you can see in the financial results of Coinbase that they invested into BTC themselves, and there is threshold where they would lose funds and likely have to liquidate BTC aggressively :/ (it's public)