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Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022

Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year.

Updated May 9, 2023, 4:04 a.m. Published Dec 7, 2022, 8:01 p.m.
Coinbase CEO and co-founder Brian Armstrong speaks at Consensus 2019. (CoinDesk)
Coinbase CEO and co-founder Brian Armstrong speaks at Consensus 2019. (CoinDesk)