Coinbase Q1 2025 Revenue Misses Estimates as Bitcoin Soars, Acquires Deribit for $2.9B to Boost Derivatives Play
Coinbase, America’s largest publicly traded crypto exchange, reported underwhelming Q1 2025 earnings on Thursday, missing Wall Street’s revenue expectations despite Bitcoin’s surge toward $100,000. The results highlight an emerging disconnect between crypto price action and trading volume—particularly in the retail segment. The company posted $2.03 billion in revenue for the quarter, falling short of analysts’…