Coinbase’s balance sheet shrank drastically after the cryptocurrency exchange removed customer-held digital assets and liabilities due to an accounting change. Assets fell from $291 billion to $ ...
Now they are off Coinbase’s balance sheet. They used to be on. The shift highlights a lingering issue: Who ultimately owns those digital assets? The off-balance-sheet treatment suggests the ...
While Coinbase continues to diversify revenue sources, the true power of its business will be seen through higher transaction ...
In addition, Coinbase holds 9,363 bitcoin on its balance sheet as of September 30, which is worth approximately $950 million based on the cryptocurrency's current price. While $100,000 was a major ...
That could be a double whammy for Mara, which generates value by mining for Bitcoin and also holds Bitcoin on the balance sheet. Coinbase is a slightly different story, generating most of its ...