Despite the crypto winter, Coinbase is doing all the right things.
Coinbase Global (COIN -0.34%) is still burning cash, but not as quickly as it was just a few quarters ago. Buried in the company's earnings report were some positive trends for the company, and Travis Hoium digs into the trends, good and bad, in this video.
*Stock prices used were end-of-day prices of Feb. 22, 2023. The video was published on Feb. 25, 2023.
Travis Hoium has positions in Coinbase Global. The Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
