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The timing of great profit and loss for coinbase strongly suggest that they hold long crypto positions on their balance sheet.
by shapefrog 4y ago
The timing of great profit and loss for coinbase strongly suggest that they hold long crypto positions on their balance sheet.
- drexlspivey 4y agoThat’s not how income statements work..
- shapefrog 4y agoIt is how balance sheets work that have a "Crypto assets held" entry, if you then buy and sell said balance sheet entries the results show up in the income statement as profits and or losses.