Check prices, drink coffee, read Milk Road. It’s the easiest 5-minute habit to stay smart on crypto: https://milkroad.com/subscribe/?utm_medium=social&utm_source=youtube_organic&utm_campaign=pod-feb18In this episode of the Milk Road Show, we break down Coinbase’s latest earnings report and explain why the market may be completely mispricing the company. While headlines focused on a reported net loss, the deeper story tells something very different. When you strip out unrealized crypto losses from Coinbase’s balance sheet, the core business remains profitable and continues to generate hundreds of millions in adjusted earnings.

m0xt
A data-driven, first-principles thinker who applies traditional valuation frameworks and financial modeling to the world of crypto. Two years writing PRO reports for Milk Road, a background in governance and onchain data, former futures trader. MBA in Economics.