The stock of Coinbase, one of the world’s largest cryptocurrency exchanges based in the USA, continues to fall.
Brian Armstrong, CEO of Coinbase, which has recently emerged as bankruptcy, said: “We have no risk of going bankrupt.” he said.
With the decline in the crypto money market, the values of companies related to cryptocurrencies are also falling. Coinbase’s Nasdaq listed stock today, according to Investing. down 23% so far lowest level ever At $56 levels exists.
In addition, Coinbase shares, which reached its highest level last November, 83% decrease in a 6-month period lived.
Coinbase reported its revenues in its Q4 earnings report. 48% of the He said it originated from bitcoin and ethereum.
In the US Securities and Exchange Commission (SEC) statement by Coinbase CEO Brian Armstrong The inclusion of the word “bankruptcy” was a topic of interest to Coinbase customers.
Making a statement on Twitter, Armstrong said, “Your money is safe on Coinbase. We are not at risk of bankruptcy.” said.