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Coinbase cash flows from investing activities in 2019 and 2020 (in million U.S. dollars)

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Source

Release date

March 2021

Region

Worldwide

Survey time period

2019 and 2020

Supplementary notes

The source did not provide earlier figures for 2018 or 2017.

Citation formats

Coinbase investment cash flow 2019-2020

Published by K. Scholle, Apr 13, 2021
U.S. cryptocurrency platform Coinbase made a profit on several millions worth of U.S. dollars based on crypto investments in 2020. This shows after closely investigating the investment activities from the Delaware company: the disposal of crypto assets minus the purchase of crypto assets reveals a positive number of ** million U.S. dollars. Indeed, Coinbase ranks among the world's biggest public companies that keep Bitcoin in their corporate treasury as of 2021. Note that cryptocurrency investments are not the main-stay of Coinbase's business model: The company mentions alongside its revenue figures that "over ** percent" was made up of transaction revenue from consumers on its platform.
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