![](https://davidgerard.co.uk/blockchain/wp-content/uploads/2023/02/armstrong-yellow.jpg)
Coinbase’s numbers in its 10-Q for the first quarter of 2024 look much improved!
This is partly from some increased volume with the bitcoin price peak in March — but it’s also because GAAP accounting for cryptos changed, to their great advantage.
Numbers go up! When you change how you count them.
This one is over at Amy’s. [Amy Castor]