“Final yr in 2021, we did about $7 billion of income and about $4 billion of optimistic EBITDA, and this yr with every thing coming down, it’s wanting, you recognize, about roughly half that or much less,” Armstrong mentioned in an interview on Bloomberg’s “David Rubenstein Present: Peer-to-Peer Conversations.” Coinbase truly generated $7.8 billion in income in 2022, based on FactSet.
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