Coinbase Revenue Bitcoin Users Billion

In their quarter 2, 2021 earnings call, Coinbase announced that they’ve exceeded expectations by bringing in over $2.23 billion in revenue, which was expected to be $1.78 billion, reported CNBC.

Their earnings resulted in $3.45 per share, adjusted, after expectations that it would be $2.33. Since last year, the company’s net profit is up over 4,900% with them bringing home over $1.6 billion in net profit.

One really interesting statistic that stood out was that the monthly transacting users grew 44% from last quarter up to 8.8 million. As this bull run continues and bitcoin adoption becomes more mainstream, more and more people are going to go down the Bitcoin rabbit hole.

Source link Bitcoin Magazine

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