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Benzinga
Benzinga
Business
Chris Katje

Coinbase Targeted In Bear Cave Report: Why Increased Competition, Brian Armstrong's Leadership Could Be Bad For Business

Cryptocurrency exchange Coinbase Global (NASDAQ:COIN) is the latest subject of a bearish report from The Bear Cave, a subscription newsletter service that says it exposes “bad companies.” Here’s the highlights of the report.

What Happened: The report highlights the key points of Coinbase losing over $1 billion in the last reported fiscal quarter and what could happen if the company goes bankrupt.

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