Shares of Coinbase Global (COIN) slid late Thursday after the crypto exchange reported second-quarter earnings that missed analyst estimates. Coinbase reported revenue of $1.49 billion and adjusted earnings before interest,

Coinbase failed Wall Street’s expectations in Q2 2025, pulling in $1.5 billion in revenue and $1.4 billion in net income, according to the company’s quarterly filing. The figures include a $1.5 billion unrealized gain from strategic investments and another $362 million from its crypto holdings.