Crypto
Coinbase Stock Plummets After Q2 Earnings and Share Buyback Completion
Coinbase Global's stock price dropped by 11.1% after announcing its second-quarter revenue of $1,220.07 million and a net loss of $359.47 million in late July 2026.
The company completed a $2.03 billion share repurchase program initiated in 2024 during the same period.
Coinbase secured full MiFID-equivalent authorization from the UK's FCA, signaling a stronger regulatory footing across two major financial markets.