Posted 11/13/2023, 3:00:29 PM
Coinbase Thrives Despite Crypto Bear Market with Cost Cuts and Positive Cash Flow
- Coinbase is generating cash despite the crypto bear market, positioning it well for a recovery.
- The company cut costs early in the downturn, which is now paying off.
- Coinbase has positive free cash flow even during the crypto winter.
- The company is growing in strategic areas despite the market conditions.
- Coinbase's latest numbers show it is thriving relative to the bearish crypto environment.