Thursday, February 12, 2026 at 11:33 PM
Coinbase reported a fourth-quarter loss due to decreased trading volumes amid a significant selloff in digital assets, with transaction revenue dropping sharply compared to the previous year.
Some of crypto’s biggest champions can’t put their finger on what went wrong.
Shares of Strategy, Michael Saylor’s bitcoin-stockpiling company, have fallen sharply since crypto prices touched their all-time highs in October.
The brokerage finished 2025 on a strong note, though its stock is down roughly 24% this year.
Wall Street’s first public bitcoin-backed bond sale hit a snag after the cryptocurrency’s recent plunge.
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