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25 sats \ 1 reply \ @DeezSats 10 Aug 2022 \ parent \ on: Coinbase Q2: $1.1 billion loss and lower-than-expected revenue bitcoin
3 more months and they're in bankruptcy! LFG!!!
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10 sats \ 0 replies \ @cryptocoin OP 10 Aug 2022
Hah, ... they've got like $5B in cash, and the $446 in non-cash impairment losses is probably not going to recur (assuming crypto has "bottomed").
They're a shitty organization but investors keep tossing them gobs of cash, how much further can they F it up?
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