#COIN’s Q1 earnings
#COIN’s Q1 earnings Revenue: 1.4B (-21% Q/Q), incl.: • Transactions: 755M (-23%) • Subscription and Services: 583M (-16%) Net Income: -394M (-41% q/q), incl.: • Losses on crypto assets: 482M BASE chain stablecoins transactions vol.: 10x y/y) Bad quarter, cause (was) Bear Market… Interesting slide about AI: A team of 10 people is now being replaced by 2-3 people + AI agents. —— RU
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