Coinbase CEO Armstrong’s fortune shrinks as COIN posts quarterly loss and filings show $500m stock sales
Coinbase swung to a loss for the fourth quarter, taking a hit as slumping digital-asset markets dragged down trading volumes and sliced transaction revenue. Still, the stock edged up roughly 1% in after-hours trading following the release. https://www.reuters.com/sustainability/boards-policy-regulation/cryptocurrency-exchange-coinbase-swings-quarterly-loss-trading-slowdown-2026-02-12/ Coinbase’s figures carry weight: the platform is a key gauge for U.S. crypto trading. Trading volumes tend to swell or shrink as prices shift. If the market cools and prices slide, exchanges usually see fee revenues slip too.