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Coinbase COIN收益报告:有哪些值得期待?Circle能否拯救COIN?
截至2025年10月底,领先的加密货币交易所Coinbase的24小时交易量超过24亿美元,但约为币安和Gate的十分之一。分析师预计,Coinbase将于10月30日公布的2025年第三季度财报显示,其营收将同比增长超过44%,达到17.6亿美元,净利润将飙升150%,超过4亿美元,主要得益于加密货币价格上涨和机构服务的增长。然而,人们仍然担忧Coinbase对Circle的依赖,因为其2025年第二季度的大部分营收来自对USDC发行方Circle的战略投资,这可能会夸大业绩数据。
厳選回答

Coinbase即将公布的收益报告中,市场关注其非交易收入增长及与Circle的合作成效。订阅与服务业务持续扩张,USDC稳定币生态或为Coinbase带来新的增长点。然而,整体交易量仍受市场波动影响,核心盈利能力尚未恢复。Circle的合作虽能提升生态价值,但难以单独扭转盈利结构。若报告数据和指引优于预期,COIN股价有望迎来短期反弹。
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