Coinbase reported $1.5 billion in revenue for Q2 2025, reflecting a significant 25% drop from the previous quarter. Analysts had expected $1.59 billion, indicating that the company fell short of forecasts.
Following the disappointing results, Coinbase’s stock price declined over 6% in after-market trading, changing hands at $353. This follows a record high price of approximately $420 earlier in July.
The company continues to expand through major acquisitions, including the purchase of Deribit for nearly $3 billion. However, they are confronted with challenges from increasing competition and fluctuating cryptocurrency prices, particularly Bitcoin.
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