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13 Feb 2025

Coinbase reports strong fourth-quarter profit on crypto rally

Crypto exchange Coinbase reported a jump in fourth quarter profit on Thursday, driven by higher trading volumes in bitcoin and other tokens following the U.S. election. The company earned $1.29 billion, or $4.68 per share, for the three months ended December 31, compared with $275.7 million, or $1.04 per share, a year earlier.

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