Coinbase’s $270 Dream: A Q1 Disaster with a Side of Hope?
Let’s not forget, Coinbase’s Q1 was a masterclass in “what could go wrong, did.” Trading volume? Down 50%. Revenue? A measly $1.41 billion. Net loss? A staggering $394.1 million. But hey, at least they’re still profitable in a technical sense! Or is that just a typo? Who knows! The important thing is, Benchmark’s now dreaming of $270, because nothing says “confidence” like raising a target after a quarter that made a toddler’s temper tantrum look like a meditation retreat.

