Coinbase Quarterly Profits Soar Ahead of Direct Listing

About This Source - Bloomberg Technology

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg Technology:

  • ‘Bloomberg Technology’ Full Show (04/16/2021)
  • ‘Bloomberg Technology’ Full Show (04/16/2021)
  • Using Satellites to Predict the Future
  • Bloomberg Technology published this video item, entitled “Coinbase Quarterly Profits Soar Ahead of Direct Listing” – below is their description.

    Apr.06 —  A week before going public, Coinbase Global Inc. said it expects to report that first-quarter profit of $730 million to $800 million, more than double what it earned in all of 2020. Sonali Basak reports on “Bloomberg Technology.”

    Bloomberg Technology YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Coinbase (Nasdaq: COIN)

    Coinbase, Inc. (Nasdaq: COIN) is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam, and as of March 2021, was the largest cryptocurrency exchange in the United States by trading volume. Coinbase IPO’d on the Nasdaq exchange on 14 April 2021, via a Direct Listing, they carry the stock ticker COIN.

    5 Recent Items: Coinbase (Nasdaq: COIN)

  • Harvard’s Massad on Cryptocurrency Regulation
  • Billionaire Novogratz on Coinbase, Dogecoin, Hiring
  • Coinbase’s blockbuster debut, passport pushback and ‘driving’ employees back to the office
  • Dogecoin’s popularity soars — Robinhood and Coinbase benefit
  • Airbnb CEO Brian Chesky says he’s been looking at cryptocurrency
  • Leave a Comment