With the impact of uncertainty in the US economy and the general market slowdown CoinbaseIn the first quarter of the year, he announced lower income than expected. The company failed to regain its $ 2.27 billion income in the fourth quarter and announced that it earned 2 billion dollars.
Coinbase earnings report
Coinbase also reported $ 0.24 dollars in income per share. This figure is a result of analyst’s an average of $ 1.93, according to Factset data. The transaction volume of the company decreased by 10 %compared to the previous quarter and fell to 393.1 billion dollars. Coinbase, a significant decrease in transaction revenues during the three -month period, said that there is a decrease of 19 %compared to the previous period. The company’s market dynamics, increasing crypto currency It wasn’t so surprise that he was affected by the general economic uncertainty with his volatility.
Coinbase, in a letter to his shareholders, Bitcoin in January $99,683.26Although the new summit of the general market falls due to tariff policy and macroeconomic uncertainty, he said.
Analysis companies such as JP Morgan, Barclays and Compass Point have previously rearranged their forecasts due to uncertainties for the US economy and sudden decreases in transaction volume. Analysts’ assessments reflected the concern of slowing down general market activity. Robinhood, who is in the similar segment and stands out with individual investors, reported a decline in trading -based income in April. This shows that while Coinbase is in parallel with the decline, the rise in the last 24 hours shows that we can recover for the second quarter.
It was a strategic step to explain that the Coinbase Exchange would buy the Deribit stock market a few hours ago on the day when the earning report was announced. The company with billions of dollars of investment in crypto He showed that he had expected optimistic about the rest.
Nevertheless, Coinbase’s stock COIN depreciated by 2.7 %in the transactions after the official closing.
Mara earnings report
Mara In the first quarter of 2025, Holdings announced that it earned $ 213.9 million in revenue with an increase of 30 %compared to last year. While the company’s transformation in the field of energy and infrastructure continued, significant increase in Bitcoin assets has been observed. The income of Bitcoin mining company rose from $ 165.2 million to $ 213.9 million compared to the previous quarter.
Bitcoin Their assets increased from 17,320 BTC to 47.531 BTC and reached approximately $ 3.9 billion as of March 31, 2025. The company released 2.286 BTC in the first three months of the year (in the first quarter) with mining. In addition, he made 340 extra BTC purchases because he deemed the prices attractive.
Mara’s operational performance is supported by steps to reduce energy costs and infrastructure improvements. Within the scope of investments, 114 MW wind farm with a fixed low energy cost in Texas was purchased. In addition, energy production activities from gas in North Dakota and Texas started to reduce equivalent emission with 14,200 gasoline vehicles. We have already written that global BTC mining has achieved a 50 %green energy target. This detail is important because BTC and Tesla sales were stopped under the pretext of miners damaging the environment.
Coinbase’s first quarter results reveal that it was affected by general economic fluctuations and that market conditions are forcing company performance. While observed data raises the difference between the expectations of analysts and real results, the sector should be evaluated more carefully in the coming period.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
