Coinbase Swings to $667M Q4 Loss as Crypto Portfolio Markdowns Bite
Coinbase posted a $667 million Q4 2025 loss after crypto markdowns hit its holdings even though it registered record trading growth. Coinbase reported a $667 million net loss for the fourth quarter of 2025, its first quarter in the red since 2023. The loss, which was largely driven by non-cash write-downs on the company’s crypto […]
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