Coinbase (COIN) shares rose 1.52% to $168.47 in pre-market trading, continuing a recovery trend following its latest quarterly earnings. CEO Brian Armstrong also addressed technical concerns, asserting that quantum computing does not pose a threat to blockchain stability.
- The company reported $1,781.13 million in revenue alongside a $666.73 million net loss for the quarter.
- Analysts at Compass Point expressed caution regarding potential stablecoin revenue declines during the first half of 2026.
- The stock maintains positive momentum after a massive 16.46% rally earlier this month.