Could Coinbase's Unrealized Gains Raise Red Flags?
Coinbase Global, Inc. (COIN) recently reported its fourth quarter and full-year earnings for 2024, revealing robust financial performance and substantial growth in the cryptocurrency market. However, amidst the positive outlook, a critical question arises: "Could Coinbase's Unrealized Gains Raise Red Flags?" With a net income of $2.6 billion in 2024, including $476 million in pre-tax gains on thei