Coinbase Q4 profit jumps on bitcoin trading surge

Cryptocurrency exchange Coinbase posted strong Q4 profits, driven by higher bitcoin trading.

Earnings reached US$4.68 per share, beating estimates of US$1.81.

Revenue rose to US$2.3 billion, up from US$954 million last year.

Transaction revenue surged 172% to US$1.6 billion, while subscription income grew 15% to US$641 million.

Bitcoin prices exceeded US$100.000, fueled by investor optimism over regulatory changes under SEC Chair Paul Atkins, appointed by Donald Trump.

Recent Coinbase developments

Timeline
13-Feb-2025 🇮🇳 Coinbase plans India return, seeks regulatory approval Coinbase to re-enter Indian market after pause. Engaging with authorities for licensing approval.
09-Feb-2025 ⚖️ Coinbase must face New York lawsuit over securities sales Coinbase faces lawsuit over unregistered securities. Judge rules Coinbase is a ‘seller’ under federal law.
05-Feb-2025 📈 Coinbase urges US regulators to allow bank crypto services Coinbase urges banks to enter crypto market. Asks regulators to revise custody trading rules.
03-Feb-2025 📈 Coinbase buys on-chain ad platform Spindl Coinbase acquires Spindl for on-chain ads. Spindl to operate under Coinbase’s Base network.
22-Jan-2025 💰 Coinbase CEO says Trump will fuel crypto investing

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