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CBduck.base 🛡️
@cbduck
Previously I estimated 4Q earnings to be $1.06B and $0.44EPS. This excludes impact of crypto accounting rule change which adds about 500M to unrealized gain on crypto asset that Coinbase held. Well how much is $500m? $2.10 per shares. They don’t have to adopt this right away. $COIN
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confu.eth
@confu.eth
Benefits to them not accounting for this right away?
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