Coinbase, Strategy Miss Earnings Estimates as Stock Prices Fall

Crypto exchange Coinbase and Bitcoin treasury firm Strategy both posted weaker-than-expected earnings for the second quarter. Their respective stocks fell in after-market trading following the earnings report. Ad Ad Coinbase, Strategy Post Weak Earnings Report Coinbase’s press release showed that the crypto exchange recorded revenue of $1.220 billion in Q2, below estimates of $1.28 billion.