Coinbase remains well-positioned despite fall

The abrupt fall of cryptocurrencies forced Coinbase to cut around 1,000 jobs. The measure was taken in the face of the adverse context they are going through.

Although controversial, this decision was purely economic and shows the precautions that the company has taken. In fact, Coinbase has a very low loan exposure and a very robust balance sheet.

In other words, despite the fragile market situation, Coinbase shares remain appetizing for investment.

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