2024 Q3 Form 10-Q Financial Statement

#000167978824000187 Filed on October 30, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $1.205B
YoY Change 78.77%
Cost Of Revenue $171.8M
YoY Change 89.6%
Gross Profit $1.033B
YoY Change 77.08%
Gross Profit Margin 85.75%
Selling, General & Admin $495.2M
YoY Change 49.68%
% of Gross Profit 47.91%
Research & Development $377.4M
YoY Change 16.94%
% of Gross Profit 36.52%
Depreciation & Amortization $30.69M
YoY Change -4.08%
% of Gross Profit 2.97%
Operating Expenses $1.036B
YoY Change 37.36%
Operating Profit $169.5M
YoY Change -312.36%
Interest Expense -$145.3M
YoY Change -797.69%
% of Operating Profit -85.7%
Other Income/Expense, Net $40.11M
YoY Change -70.36%
Pretax Income $68.58M
YoY Change 97.86%
Income Tax -$6.914M
% Of Pretax Income -10.08%
Net Earnings $75.50M
YoY Change -3433.11%
Net Earnings / Revenue 6.26%
Basic Earnings Per Share $0.30
Diluted Earnings Per Share $0.28
COMMON SHARES
Basic Shares Outstanding 248.8M shares
Diluted Shares Outstanding 267.4M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.724B
YoY Change 51.42%
Cash & Equivalents $7.724B
Short-Term Investments
Other Short-Term Assets $256.0M
YoY Change 1210.54%
Inventory
Prepaid Expenses $58.51M
Receivables $187.0M
Other Receivables $415.1M
Total Short-Term Assets $286.4B
YoY Change 131.14%
LONG-TERM ASSETS
Property, Plant & Equipment $193.0M
YoY Change -4.58%
Goodwill $1.140B
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $359.1M
YoY Change 0.57%
Other Assets $699.7M
YoY Change -52.66%
Total Long-Term Assets $4.133B
YoY Change 22.05%
TOTAL ASSETS
Total Short-Term Assets $286.4B
Total Long-Term Assets $4.133B
Total Assets $290.6B
YoY Change 128.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.38M
YoY Change 7.16%
Accrued Expenses $500.6M
YoY Change 33.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $277.6B
YoY Change 134.65%
LONG-TERM LIABILITIES
Long-Term Debt $4.231B
YoY Change 37.52%
Other Long-Term Liabilities $11.00M
YoY Change 224.04%
Total Long-Term Liabilities $4.242B
YoY Change 37.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $277.6B
Total Long-Term Liabilities $4.242B
Total Liabilities $281.8B
YoY Change 132.18%
SHAREHOLDERS EQUITY
Retained Earnings $3.670B
YoY Change 137.23%
Common Stock $5.087B
YoY Change 15.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.728B
YoY Change
Total Liabilities & Shareholders Equity $290.6B
YoY Change 128.24%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income $75.50M
YoY Change -3433.11%
Depreciation, Depletion And Amortization $30.69M
YoY Change -4.08%
Cash From Operating Activities $696.5M
YoY Change 121.83%
INVESTING ACTIVITIES
Capital Expenditures $18.49M
YoY Change -64.45%
Acquisitions
YoY Change
Other Investing Activities -$70.19M
YoY Change 234.24%
Cash From Investing Activities -$88.68M
YoY Change 23.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -311.3M
YoY Change -47.41%
NET CHANGE
Cash From Operating Activities 696.5M
Cash From Investing Activities -88.68M
Cash From Financing Activities -311.3M
Net Change In Cash 296.5M
YoY Change -184.73%
FREE CASH FLOW
Cash From Operating Activities $696.5M
Capital Expenditures $18.49M
Free Cash Flow $678.1M
YoY Change 158.8%

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<div style="margin-bottom:9pt"><span id="i5af3a233aeef4becafea3c10b2a5e2da_1464"></span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. NATURE OF OPERATIONS</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Coinbase, Inc. was founded in 2012. In April 2014, in connection with a corporate reorganization, Coinbase, Inc. became a wholly-owned subsidiary of Coinbase Global, Inc. (together with its consolidated subsidiaries, the “Company”). On April 14, 2021, the Company completed the direct listing of its Class A common stock on the Nasdaq Global Select Market (the “Direct Listing”).</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides a trusted platform that serves as a compliant gateway to the onchain economy and enables customers to engage in a wide variety of activities, including discovering, trading, staking, storing, spending, earning, and using their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. The Company offers (i) consumers their primary financial account for the cryptoeconomy, (ii) institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and (iii) developers a suite of products granting access to the Company’s ecosystem. </span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is remote-first and accordingly, does not maintain a headquarters. Substantially all of the Company’s executive team meetings are held virtually, with meetings occasionally held in-person at locations that are either not in the Company’s offices or in various of the Company’s offices distributed around the world. The Company holds all of its stockholder meetings virtually.</span></div>
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CY2024Q3 coin Restricted Cash Held At Venues
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us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:9pt"><span id="ibda970eda72f422f9ad9b34378d91e1b_6212"></span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of credit risk</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s cash and cash equivalents, restricted cash and cash equivalents, customer custodial funds, USDC, loan receivables, certain crypto assets held, accounts receivable, and deposits are potentially subject to concentration of credit risk. See below for a discussion of each of these risks by counterparty and type of transaction.</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Funds held at financial institutions</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Cash and cash equivalents, restricted cash and cash equivalents, and customer custodial funds are </span></div><div style="margin-bottom:9pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">primarily placed with financial institutions which are of high credit quality. The Company holds cash and cash equivalents and customer custodial funds primarily in highly liquid, highly rated instruments which are uninsured. The Company may also have corporate deposit balances with financial institutions which exceed the Federal Deposit Insurance Corporation insurance limit of $250,000. The Company has not experienced losses on these accounts and does not believe it is exposed to any significant credit risk with respect to these accounts. </span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span id="ibda970eda72f422f9ad9b34378d91e1b_6223"></span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Funds held at trading venues, payment processors, and clearing brokers</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company holds cash, restricted cash and deposits, and crypto assets at crypto asset trading venues, payment processors, and clearing brokers, and performs a regular assessment of these venues as part of its risk management process. As of September 30, 2024, the Company held $135.6 million at these venues, including $92.0 million in cash, $17.0 million in restricted cash and deposits, and $26.6 million in crypto assets. As of December 31, 2023, the Company held $93.5 million at these venues, including $88.8 million in cash.</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">USDC</span></div><div style="margin-bottom:9pt;margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company holds USDC, a stablecoin redeemable on a one-to-one basis for U.S. dollars. USDC is accounted for as a financial instrument in the Condensed Consolidated Financial Statements. The issuer of USDC reported that, as of September 30, 2024, underlying reserves were held in cash, short-duration U.S. Treasuries, and overnight U.S. Treasury repurchase agreements within segregated accounts for the benefit of USDC holders.</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Accounts receivable</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2024 and December 31, 2023, the Company had one and two counterparties, respectively, who accounted for more than 10% of the Company’s Accounts receivable, net. The Company performs a regular assessment of accounts receivable as part of its risk management process. In determining expected credit losses, the Company considers historical loss experience and the aging of its receivable balance. See </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 7. Accounts Receivable, Net </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for additional details.</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Loan receivables</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of September 30, 2024 and December 31, 2023, the Company had four and three counterparties, respectively, who accounted for more than 10% of the Company’s recorded loan receivables. As of both of these dates, the Company also had two and three counterparties, respectively, who accounted for more than 10% of the Company’s customer loans that did not meet the recognition criteria. See </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Note 6. Collateralized Arrangements and Financing </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">for additional details. </span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Revenue</span></div>During the three and nine months ended September 30, 2024 and 2023, one counterparty accounted for more than 10% of total revenue in each period.
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330610000 usd
CY2024Q2 us-gaap Crypto Asset Fair Value
CryptoAssetFairValue
1234158000 usd
CY2023Q4 us-gaap Crypto Asset Cost
CryptoAssetCost
330610000 usd
CY2024Q3 us-gaap Crypto Asset Addition
CryptoAssetAddition
69740000 usd
us-gaap Crypto Asset Addition
CryptoAssetAddition
85149000 usd
CY2024Q3 us-gaap Crypto Asset Sale
CryptoAssetSale
4358000 usd
us-gaap Crypto Asset Sale
CryptoAssetSale
68982000 usd
CY2024Q3 coin Crypto Asset Transfers Loans Originated
CryptoAssetTransfersLoansOriginated
62946000 usd
CY2024Q3 coin Crypto Asset Transfers Loans Repaid
CryptoAssetTransfersLoansRepaid
144631000 usd
coin Crypto Asset Transfers Loans Repaid
CryptoAssetTransfersLoansRepaid
174246000 usd
CY2024Q3 us-gaap Crypto Asset Realized And Unrealized Gain Nonoperating
CryptoAssetRealizedAndUnrealizedGainNonoperating
43566000 usd
us-gaap Crypto Asset Realized And Unrealized Gain Nonoperating
CryptoAssetRealizedAndUnrealizedGainNonoperating
311000000 usd
CY2024Q3 coin Accounts Receivable Before Allowance For Credit Loss Stablecoin Revenue
AccountsReceivableBeforeAllowanceForCreditLossStablecoinRevenue
81285000 usd
CY2023Q4 coin Accounts Receivable Before Allowance For Credit Loss Stablecoin Revenue
AccountsReceivableBeforeAllowanceForCreditLossStablecoinRevenue
57885000 usd
CY2024Q3 coin Accounts Receivable Before Allowance For Credit Loss Custodial Fees Banking And Servicing Current
AccountsReceivableBeforeAllowanceForCreditLossCustodialFeesBankingAndServicingCurrent
35990000 usd
CY2023Q4 coin Accounts Receivable Before Allowance For Credit Loss Custodial Fees Banking And Servicing Current
AccountsReceivableBeforeAllowanceForCreditLossCustodialFeesBankingAndServicingCurrent
23603000 usd
CY2024Q3 coin Accounts Receivable Before Allowance For Credit Loss In Transit
AccountsReceivableBeforeAllowanceForCreditLossInTransit
25745000 usd
CY2023Q4 coin Accounts Receivable Before Allowance For Credit Loss In Transit
AccountsReceivableBeforeAllowanceForCreditLossInTransit
42562000 usd
CY2024Q3 coin Accounts Receivable Before Allowance For Credit Loss Other Excluding Accrued Interest Current
AccountsReceivableBeforeAllowanceForCreditLossOtherExcludingAccruedInterestCurrent
64762000 usd
CY2023Q4 coin Accounts Receivable Before Allowance For Credit Loss Other Excluding Accrued Interest Current
AccountsReceivableBeforeAllowanceForCreditLossOtherExcludingAccruedInterestCurrent
66799000 usd
CY2024Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
207782000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
190849000 usd
CY2024Q3 coin Accounts Receivable Allowance For Credit Loss Excluding Accrued Interest Current
AccountsReceivableAllowanceForCreditLossExcludingAccruedInterestCurrent
20778000 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
168290000 usd
CY2024Q3 coin Crypto Assets Cost
CryptoAssetsCost
856498000 usd
CY2024Q3 us-gaap Crypto Asset Fair Value
CryptoAssetFairValue
1260718000 usd
CY2023Q4 us-gaap Crypto Asset Cost
CryptoAssetCost
330610000 usd
CY2024Q2 us-gaap Crypto Asset Fair Value
CryptoAssetFairValue
1234158000 usd
CY2023Q4 us-gaap Crypto Asset Cost
CryptoAssetCost
330610000 usd
CY2024Q3 us-gaap Crypto Asset Addition
CryptoAssetAddition
69740000 usd
us-gaap Crypto Asset Addition
CryptoAssetAddition
85149000 usd
CY2024Q3 us-gaap Crypto Asset Sale
CryptoAssetSale
4358000 usd
us-gaap Crypto Asset Sale
CryptoAssetSale
68982000 usd
CY2024Q3 coin Crypto Asset Transfers Loans Originated
CryptoAssetTransfersLoansOriginated
62946000 usd
coin Crypto Asset Transfers Loans Originated
CryptoAssetTransfersLoansOriginated
188580000 usd
CY2024Q3 coin Crypto Asset Transfers Loans Repaid
CryptoAssetTransfersLoansRepaid
144631000 usd
coin Crypto Asset Transfers Loans Repaid
CryptoAssetTransfersLoansRepaid
174246000 usd
CY2024Q3 us-gaap Crypto Asset Realized And Unrealized Gain Nonoperating
CryptoAssetRealizedAndUnrealizedGainNonoperating
43566000 usd
us-gaap Crypto Asset Realized And Unrealized Gain Nonoperating
CryptoAssetRealizedAndUnrealizedGainNonoperating
311000000 usd
CY2024Q3 us-gaap Crypto Asset Realized And Unrealized Loss Nonoperating
CryptoAssetRealizedAndUnrealizedLossNonoperating
164073000 usd
us-gaap Crypto Asset Realized And Unrealized Loss Nonoperating
CryptoAssetRealizedAndUnrealizedLossNonoperating
100098000 usd
CY2024Q3 us-gaap Crypto Asset Fair Value
CryptoAssetFairValue
1260718000 usd
CY2024Q3 us-gaap Crypto Asset Fair Value
CryptoAssetFairValue
1260718000 usd
CY2024Q3 coin Crypto Asset Cumulative Realized Gain
CryptoAssetCumulativeRealizedGain
3500000 usd
CY2024Q3 us-gaap Crypto Asset Unrealized Loss Nonoperating
CryptoAssetUnrealizedLossNonoperating
124000000.0 usd
coin Crypto Asset Cumulative Realized Gain
CryptoAssetCumulativeRealizedGain
16900000 usd
us-gaap Crypto Asset Unrealized Loss Nonoperating
CryptoAssetUnrealizedLossNonoperating
194000000.0 usd
CY2024Q3 us-gaap Crypto Asset Realized And Unrealized Loss Nonoperating
CryptoAssetRealizedAndUnrealizedLossNonoperating
164073000 usd
us-gaap Crypto Asset Realized And Unrealized Loss Nonoperating
CryptoAssetRealizedAndUnrealizedLossNonoperating
100098000 usd
CY2024Q3 us-gaap Crypto Asset Fair Value
CryptoAssetFairValue
1260718000 usd
CY2024Q3 us-gaap Crypto Asset Fair Value
CryptoAssetFairValue
1260718000 usd
CY2024Q3 coin Crypto Asset Cumulative Realized Gain
CryptoAssetCumulativeRealizedGain
3500000 usd
CY2024Q3 us-gaap Crypto Asset Unrealized Loss Nonoperating
CryptoAssetUnrealizedLossNonoperating
124000000.0 usd
coin Crypto Asset Cumulative Realized Gain
CryptoAssetCumulativeRealizedGain
16900000 usd
us-gaap Crypto Asset Unrealized Loss Nonoperating
CryptoAssetUnrealizedLossNonoperating
194000000.0 usd
CY2024Q3 us-gaap Crypto Asset Fair Value Restricted
CryptoAssetFairValueRestricted
111100000 usd
CY2024Q3 coin Client Custodial Funds Current
ClientCustodialFundsCurrent
4035045000 usd
CY2023Q4 coin Client Custodial Funds Current
ClientCustodialFundsCurrent
4570845000 usd
CY2024Q3 srt Safeguarding Asset Platform Operator Crypto Asset
SafeguardingAssetPlatformOperatorCryptoAsset
272669307000 usd
CY2023Q4 srt Safeguarding Asset Platform Operator Crypto Asset
SafeguardingAssetPlatformOperatorCryptoAsset
192583060000 usd
CY2024Q3 coin Customer Assets
CustomerAssets
276704352000 usd
CY2023Q4 coin Customer Assets
CustomerAssets
197153905000 usd
CY2024Q3 coin Custodial Cash Liabilities Current
CustodialCashLiabilitiesCurrent
4035045000 usd
CY2023Q4 coin Custodial Cash Liabilities Current
CustodialCashLiabilitiesCurrent
4570845000 usd
CY2024Q3 srt Safeguarding Liability Platform Operator Crypto Asset
SafeguardingLiabilityPlatformOperatorCryptoAsset
272669307000 usd
CY2023Q4 srt Safeguarding Liability Platform Operator Crypto Asset
SafeguardingLiabilityPlatformOperatorCryptoAsset
192583060000 usd
CY2024Q3 coin Customer Liabilities
CustomerLiabilities
276704352000 usd
CY2023Q4 coin Customer Liabilities
CustomerLiabilities
197153905000 usd
coin Loss On Safeguarding Asset Platform Operator Crypto Assets
LossOnSafeguardingAssetPlatformOperatorCryptoAssets
0 usd
coin Loss On Safeguarding Asset Platform Operator Crypto Assets
LossOnSafeguardingAssetPlatformOperatorCryptoAssets
0 usd
CY2024Q3 srt Safeguarding Asset Platform Operator Crypto Asset
SafeguardingAssetPlatformOperatorCryptoAsset
272669307000 usd
CY2024Q3 coin Safeguarding Asset Platform Operator Crypto Asset Percentage Of Total
SafeguardingAssetPlatformOperatorCryptoAssetPercentageOfTotal
1
CY2023Q4 srt Safeguarding Asset Platform Operator Crypto Asset
SafeguardingAssetPlatformOperatorCryptoAsset
192583060000 usd
CY2023Q4 coin Safeguarding Asset Platform Operator Crypto Asset Percentage Of Total
SafeguardingAssetPlatformOperatorCryptoAssetPercentageOfTotal
1
CY2024Q3 coin Crypto Asset Fair Value Operations
CryptoAssetFairValueOperations
98277000 usd
CY2024Q3 us-gaap Crypto Asset Fair Value Restricted
CryptoAssetFairValueRestricted
111100000 usd
CY2024Q3 coin Client Custodial Funds Current
ClientCustodialFundsCurrent
4035045000 usd
CY2023Q4 coin Client Custodial Funds Current
ClientCustodialFundsCurrent
4570845000 usd
CY2023Q4 srt Safeguarding Asset Platform Operator Crypto Asset
SafeguardingAssetPlatformOperatorCryptoAsset
192583060000 usd
CY2024Q3 coin Customer Assets
CustomerAssets
276704352000 usd
CY2023Q4 coin Customer Assets
CustomerAssets
197153905000 usd
CY2024Q3 coin Custodial Cash Liabilities Current
CustodialCashLiabilitiesCurrent
4035045000 usd
CY2023Q4 coin Custodial Cash Liabilities Current
CustodialCashLiabilitiesCurrent
4570845000 usd
CY2024Q3 srt Safeguarding Liability Platform Operator Crypto Asset
SafeguardingLiabilityPlatformOperatorCryptoAsset
272669307000 usd
CY2023Q4 srt Safeguarding Liability Platform Operator Crypto Asset
SafeguardingLiabilityPlatformOperatorCryptoAsset
192583060000 usd
CY2024Q3 coin Customer Liabilities
CustomerLiabilities
276704352000 usd
CY2023Q4 coin Customer Liabilities
CustomerLiabilities
197153905000 usd
coin Loss On Safeguarding Asset Platform Operator Crypto Assets
LossOnSafeguardingAssetPlatformOperatorCryptoAssets
0 usd
coin Loss On Safeguarding Asset Platform Operator Crypto Assets
LossOnSafeguardingAssetPlatformOperatorCryptoAssets
0 usd
CY2024Q3 srt Safeguarding Asset Platform Operator Crypto Asset
SafeguardingAssetPlatformOperatorCryptoAsset
272669307000 usd
CY2024Q3 coin Safeguarding Asset Platform Operator Crypto Asset Percentage Of Total
SafeguardingAssetPlatformOperatorCryptoAssetPercentageOfTotal
1
CY2024Q3 coin Crypto Asset Fair Value Operations
CryptoAssetFairValueOperations
98277000 usd
CY2023Q4 coin Crypto Asset Cost Operations
CryptoAssetCostOperations
74103000 usd
CY2024Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
58507000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
79552000 usd
CY2024Q3 coin Assets Pledged As Collateral Current
AssetsPledgedAsCollateralCurrent
63128000 usd
CY2023Q4 coin Assets Pledged As Collateral Current
AssetsPledgedAsCollateralCurrent
53071000 usd
CY2024Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
16831000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
63726000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
255975000 usd
CY2023Q4 coin Equity Securities Fvni And Without Readily Determinable Fair Value Noncurrent
EquitySecuritiesFVNIAndWithoutReadilyDeterminableFairValueNoncurrent
343045000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
193000000 usd
CY2024Q3 coin Intangible Assets Net Excluding Goodwill And Indefinite Lived Crypto Assets
IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets
52060000 usd
CY2023Q4 coin Crypto Asset Cost Operations
CryptoAssetCostOperations
74103000 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
79552000 usd
CY2024Q3 coin Assets Pledged As Collateral Current
AssetsPledgedAsCollateralCurrent
63128000 usd
CY2023Q4 coin Assets Pledged As Collateral Current
AssetsPledgedAsCollateralCurrent
53071000 usd
CY2024Q3 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
16831000 usd
CY2023Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
63726000 usd
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OtherAssetsMiscellaneousCurrent
19232000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
16191000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
255975000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
286643000 usd
CY2024Q3 coin Equity Securities Fvni And Without Readily Determinable Fair Value Noncurrent
EquitySecuritiesFVNIAndWithoutReadilyDeterminableFairValueNoncurrent
359051000 usd
CY2023Q4 coin Equity Securities Fvni And Without Readily Determinable Fair Value Noncurrent
EquitySecuritiesFVNIAndWithoutReadilyDeterminableFairValueNoncurrent
343045000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
193000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
192550000 usd
CY2024Q3 coin Intangible Assets Net Excluding Goodwill And Indefinite Lived Crypto Assets
IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets
52060000 usd
CY2023Q4 coin Intangible Assets Net Excluding Goodwill And Indefinite Lived Crypto Assets
IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets
86422000 usd
CY2024Q3 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
55968000 usd
CY2023Q4 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
0 usd
CY2024Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
39615000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
32577000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
699694000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
654594000 usd
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
192645000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
224237000 usd
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AccruedExpensesCurrent
139244000 usd
CY2023Q4 coin Accrued Expenses Current
AccruedExpensesCurrent
89254000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
39375000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
39294000 usd
CY2024Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
7122000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
17366000 usd
CY2024Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
122217000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
500603000 usd
CY2024Q3 coin Crypto Assets Cost Operations
CryptoAssetsCostOperations
107894000 usd
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
44423000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
4231047000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3010470000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
30513000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2979957000 usd
CY2023Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Asset
EmbeddedDerivativeFairValueOfEmbeddedDerivativeAsset
30577000 usd
CY2023Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
21913000 usd
CY2023Q3 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
17890000 usd
CY2023Q3 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-5578000 usd
CY2023Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
12312000 usd
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-66053000 usd
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
91846000 usd
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
25793000 usd
CY2023Q4 coin Intangible Assets Net Excluding Goodwill And Indefinite Lived Crypto Assets
IntangibleAssetsNetExcludingGoodwillAndIndefiniteLivedCryptoAssets
86422000 usd
CY2024Q3 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
55968000 usd
CY2023Q4 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
0 usd
CY2024Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
39615000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
32577000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
699694000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
654594000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
224237000 usd
CY2024Q3 coin Accrued Expenses Current
AccruedExpensesCurrent
139244000 usd
CY2023Q4 coin Accrued Expenses Current
AccruedExpensesCurrent
89254000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
39375000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
39294000 usd
CY2024Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
7122000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
17366000 usd
CY2024Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
122217000 usd
CY2023Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
126032000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
500603000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
496183000 usd
CY2024Q3 coin Crypto Assets Cost Operations
CryptoAssetsCostOperations
107894000 usd
CY2024Q3 coin Crypto Asset Fair Value Operations
CryptoAssetFairValueOperations
98277000 usd
CY2023Q4 coin Crypto Asset Cost Operations
CryptoAssetCostOperations
74103000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4275470000 usd
CY2024Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
44423000 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
4231047000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3010470000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
30513000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2979957000 usd
CY2021Q2 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
90100000 usd
CY2024Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
104100000 usd
CY2021Q2 coin Derivative Option Strike Price
DerivativeOptionStrikePrice
370.45
CY2024Q1 coin Derivative Cap Price Per Share
DerivativeCapPricePerShare
503.46
CY2024Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Asset
EmbeddedDerivativeFairValueOfEmbeddedDerivativeAsset
24763000 usd
CY2024Q3 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
59637000 usd
CY2023Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Asset
EmbeddedDerivativeFairValueOfEmbeddedDerivativeAsset
30577000 usd
CY2023Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
21913000 usd
CY2023Q3 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
17890000 usd
CY2023Q3 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-5578000 usd
CY2023Q3 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
12312000 usd
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
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us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
91846000 usd
us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
25793000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
330346000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
315285000 usd
coin Equity Securities Without Readily Determinable Fair Value Additions Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAdditionsAnnualAmount
26931000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
330346000 usd
CY2022Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
315285000 usd
coin Equity Securities Without Readily Determinable Fair Value Additions Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAdditionsAnnualAmount
26931000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
1861000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
62000 usd
coin Equity Securities Without Readily Readily Determinable Fair Value Decrease From Purchase Of Interest
EquitySecuritiesWithoutReadilyReadilyDeterminableFairValueDecreaseFromPurchaseOfInterest
0 usd
coin Equity Securities Without Readily Readily Determinable Fair Value Decrease From Purchase Of Interest
EquitySecuritiesWithoutReadilyReadilyDeterminableFairValueDecreaseFromPurchaseOfInterest
20000000 usd
coin Equity Securities Without Readily Determinable Fair Value Impairment Loss And Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndDownwardPriceAdjustmentAnnualAmount
18217000 usd
coin Equity Securities Without Readily Determinable Fair Value Impairment Loss And Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndDownwardPriceAdjustmentAnnualAmount
5774000 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
340921000 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
6774000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
4913000 usd
CY2023Q4 coin Equity Securities Without Readily Determinable Fair Value Impairment Loss And Downward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndDownwardPriceAdjustmentCumulativeAmount
127045000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
28697000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.01
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4295055000 usd
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3901000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
20.45
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
71000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
57.74
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
24725000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.63
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y6M
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3788857000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
18591000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
26.35
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2024Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2839868000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
18591000 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2839868000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
32400000 usd
coin Equity Securities Without Readily Determinable Fair Value Additions Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAdditionsAnnualAmount
54271000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
1861000 usd
us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
62000 usd
coin Equity Securities Without Readily Readily Determinable Fair Value Decrease From Purchase Of Interest
EquitySecuritiesWithoutReadilyReadilyDeterminableFairValueDecreaseFromPurchaseOfInterest
0 usd
coin Equity Securities Without Readily Readily Determinable Fair Value Decrease From Purchase Of Interest
EquitySecuritiesWithoutReadilyReadilyDeterminableFairValueDecreaseFromPurchaseOfInterest
20000000 usd
coin Equity Securities Without Readily Determinable Fair Value Impairment Loss And Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndDownwardPriceAdjustmentAnnualAmount
18217000 usd
coin Equity Securities Without Readily Determinable Fair Value Impairment Loss And Downward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndDownwardPriceAdjustmentAnnualAmount
5774000 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
340921000 usd
CY2023Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
343844000 usd
CY2024Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
6774000 usd
CY2023Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
4913000 usd
CY2024Q3 coin Equity Securities Without Readily Determinable Fair Value Impairment Loss And Downward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndDownwardPriceAdjustmentCumulativeAmount
145262000 usd
CY2023Q4 coin Equity Securities Without Readily Determinable Fair Value Impairment Loss And Downward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAndDownwardPriceAdjustmentCumulativeAmount
127045000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
28697000 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4295055000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
24725000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3788857000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
18591000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
26.35
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
18591000 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
26.35
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y3M18D
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2839868000 usd
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EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
32400000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
248416000 usd
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
248416000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
218153000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
690854000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
11276000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
15745000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
34776000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
44725000 usd
CY2024Q3 coin Gain Loss On Investments Excluding Impairment
GainLossOnInvestmentsExcludingImpairment
-478000 usd
CY2023Q3 coin Gain Loss On Investments Excluding Impairment
GainLossOnInvestmentsExcludingImpairment
48488000 usd
coin Gain Loss On Investments Excluding Impairment
GainLossOnInvestmentsExcludingImpairment
-15141000 usd
coin Gain Loss On Investments Excluding Impairment
GainLossOnInvestmentsExcludingImpairment
38330000 usd
CY2024Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
4848000 usd
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-382000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
3518000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-10916000 usd
CY2024Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
81591000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
99446000 usd
CY2024Q3 coin Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
35735000 usd
CY2023Q3 coin Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
5610000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
218153000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
690854000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
700827000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
11276000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
15745000 usd
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
34776000 usd
CY2024Q3 coin Gain Loss On Investments Excluding Impairment
GainLossOnInvestmentsExcludingImpairment
-478000 usd
CY2023Q3 coin Gain Loss On Investments Excluding Impairment
GainLossOnInvestmentsExcludingImpairment
48488000 usd
coin Gain Loss On Investments Excluding Impairment
GainLossOnInvestmentsExcludingImpairment
-15141000 usd
coin Gain Loss On Investments Excluding Impairment
GainLossOnInvestmentsExcludingImpairment
38330000 usd
CY2024Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
4848000 usd
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-382000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
3518000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-10916000 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
81591000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2024Q3 coin Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
35735000 usd
CY2023Q3 coin Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
5610000 usd
coin Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
33506000 usd
coin Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
4746000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
40105000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
135307000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
21883000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
131606000 usd
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.101
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.065
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.101
CY2024Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.109
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.149
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.109
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1000000000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
61100000 usd
coin Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
33506000 usd
coin Other Nonoperating Income Expense Miscellaneous
OtherNonoperatingIncomeExpenseMiscellaneous
4746000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
40105000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
135307000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
21883000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
131606000 usd
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
1.065
CY2024Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.101
CY2024Q3 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.109
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.149
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.109
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1000000000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1300000000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
61100000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
75495000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-2265000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
40000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
784000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
75455000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2265000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1287106000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
1287890000 usd
us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
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CY2023Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
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us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
9773000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
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CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
36000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
714000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
0 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
75459000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2265000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1296949000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
75495000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
1287890000 usd
us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
40000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
784000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
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CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
75455000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2265000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1287106000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
75495000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
1287890000 usd
us-gaap Net Income Loss
NetIncomeLoss
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CY2024Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
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us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
9773000 usd
us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
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CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
36000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
0 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
714000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
0 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
75459000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2265000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1296949000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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WeightedAverageNumberOfSharesOutstandingBasic
248834000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237270000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
245986000 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
6205000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
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CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
267440000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237270000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
272239000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234479000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2023Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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EarningsPerShareDiluted
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EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.76
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
41769000 shares
CY2021Q3 us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
3 class_action_case
CY2023Q1 us-gaap Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
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CY2023Q1 coin Loss Contingency Amount To Be Invested In Company Compliance Function
LossContingencyAmountToBeInvestedInCompanyComplianceFunction
50000000.0 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
248834000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237270000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
245986000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
234479000 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
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CY2023Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
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us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
6205000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
267440000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237270000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
272239000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234479000 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.76
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.76
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14645000 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
41769000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7416000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
41769000 shares
CY2021Q3 us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
3 class_action_case
CY2023Q1 us-gaap Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
50000000.0 usd
coin Increase Decrease In Crypto Currency
IncreaseDecreaseInCryptoCurrency
-464728000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
37759000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-81317000 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-4039000 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
28055000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-19341000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-157000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7106000 usd
coin Increase Decrease In Crypto Currency
IncreaseDecreaseInCryptoCurrency
294104000 usd
coin Increase Decrease In Crypto Currency
IncreaseDecreaseInCryptoCurrency
-464728000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
37759000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-81317000 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-4039000 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
28055000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-19341000 usd
us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-157000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7106000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
322616000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-514550000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7723806000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5100799000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
31881000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
26319000 usd
CY2024Q3 coin Client Custodial Cash Excluding In Transit Funds Reclassed Current
ClientCustodialCashExcludingInTransitFundsReclassedCurrent
3861326000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11617013000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8511185000 usd
coin Noncash Or Part Noncash Crypto Loans Originated
NoncashOrPartNoncashCryptoLoansOriginated
1244113000 usd
coin Noncash Or Part Noncash Crypto Loans Originated
NoncashOrPartNoncashCryptoLoansOriginated
409027000 usd
coin Noncash Or Part Noncash Crypto Loans Repaid
NoncashOrPartNoncashCryptoLoansRepaid
1230544000 usd
coin Noncash Or Part Noncash Crypto Loans Repaid
NoncashOrPartNoncashCryptoLoansRepaid
446095000 usd
coin Noncash Cumulative Effect Adjustment
NoncashCumulativeEffectAdjustment
561489000 usd
coin Noncash Cumulative Effect Adjustment
NoncashCumulativeEffectAdjustment
0 usd
coin Noncash Or Part Noncash Collateral Assets Received Returned
NoncashOrPartNoncashCollateralAssetsReceivedReturned
495574000 usd
coin Noncash Or Part Noncash Collateral Assets Received Returned
NoncashOrPartNoncashCollateralAssetsReceivedReturned
237681000 usd
coin Noncash Or Part Noncash Assets Received As Collateral
NoncashOrPartNoncashAssetsReceivedAsCollateral
465063000 usd
coin Noncash Or Part Noncash Assets Received As Collateral
NoncashOrPartNoncashAssetsReceivedAsCollateral
242883000 usd
coin Noncash Or Part Noncash Crypto Assets Borrowed
NoncashOrPartNoncashCryptoAssetsBorrowed
353325000 usd
coin Noncash Or Part Noncash Crypto Assets Borrowed
NoncashOrPartNoncashCryptoAssetsBorrowed
399460000 usd
coin Noncash Or Part Noncash Crypto Assets Borrowed And Repaid
NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid
176990000 usd
coin Noncash Or Part Noncash Crypto Assets Borrowed And Repaid
NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid
437254000 usd
coin Noncash Or Part Noncash Assets Pledged As Collateral
NoncashOrPartNoncashAssetsPledgedAsCollateral
75893000 usd
coin Noncash Or Part Noncash Assets Pledged As Collateral
NoncashOrPartNoncashAssetsPledgedAsCollateral
128587000 usd
coin Noncash Or Part Noncash Pledged Collateral Assets Returned
NoncashOrPartNoncashPledgedCollateralAssetsReturned
69245000 usd
coin Noncash Or Part Noncash Pledged Collateral Assets Returned
NoncashOrPartNoncashPledgedCollateralAssetsReturned
140818000 usd
coin Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration
0 usd
coin Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration
51494000 usd
coin Noncash Or Part Noncash Realized Gain On Indefinite Lived Crypto Assets Held As Investments
NoncashOrPartNoncashRealizedGainOnIndefiniteLivedCryptoAssetsHeldAsInvestments
0 usd
coin Noncash Or Part Noncash Realized Gain On Indefinite Lived Crypto Assets Held As Investments
NoncashOrPartNoncashRealizedGainOnIndefiniteLivedCryptoAssetsHeldAsInvestments
48491000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-21244000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
31655000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-24527000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
322616000 usd
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-514550000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7723806000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5100799000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
31881000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
26319000 usd
CY2024Q3 coin Client Custodial Cash Excluding In Transit Funds Reclassed Current
ClientCustodialCashExcludingInTransitFundsReclassedCurrent
3861326000 usd
CY2023Q3 coin Client Custodial Cash Excluding In Transit Funds Reclassed Current
ClientCustodialCashExcludingInTransitFundsReclassedCurrent
3384067000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11617013000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8511185000 usd
coin Noncash Or Part Noncash Crypto Loans Originated
NoncashOrPartNoncashCryptoLoansOriginated
409027000 usd
coin Noncash Or Part Noncash Crypto Loans Repaid
NoncashOrPartNoncashCryptoLoansRepaid
1230544000 usd
coin Noncash Or Part Noncash Crypto Loans Repaid
NoncashOrPartNoncashCryptoLoansRepaid
446095000 usd
coin Noncash Cumulative Effect Adjustment
NoncashCumulativeEffectAdjustment
561489000 usd
coin Noncash Cumulative Effect Adjustment
NoncashCumulativeEffectAdjustment
0 usd
coin Noncash Or Part Noncash Collateral Assets Received Returned
NoncashOrPartNoncashCollateralAssetsReceivedReturned
495574000 usd
coin Noncash Or Part Noncash Collateral Assets Received Returned
NoncashOrPartNoncashCollateralAssetsReceivedReturned
237681000 usd
coin Noncash Or Part Noncash Assets Received As Collateral
NoncashOrPartNoncashAssetsReceivedAsCollateral
465063000 usd
coin Noncash Or Part Noncash Crypto Assets Borrowed
NoncashOrPartNoncashCryptoAssetsBorrowed
353325000 usd
coin Noncash Or Part Noncash Crypto Assets Borrowed And Repaid
NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid
176990000 usd
coin Noncash Or Part Noncash Crypto Assets Borrowed And Repaid
NoncashOrPartNoncashCryptoAssetsBorrowedAndRepaid
437254000 usd
coin Noncash Or Part Noncash Assets Pledged As Collateral
NoncashOrPartNoncashAssetsPledgedAsCollateral
128587000 usd
coin Noncash Or Part Noncash Pledged Collateral Assets Returned
NoncashOrPartNoncashPledgedCollateralAssetsReturned
69245000 usd
coin Noncash Or Part Noncash Pledged Collateral Assets Returned
NoncashOrPartNoncashPledgedCollateralAssetsReturned
140818000 usd
coin Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration
0 usd
coin Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsideration
51494000 usd
coin Noncash Or Part Noncash Realized Gain On Indefinite Lived Crypto Assets Held As Investments
NoncashOrPartNoncashRealizedGainOnIndefiniteLivedCryptoAssetsHeldAsInvestments
0 usd
coin Noncash Or Part Noncash Realized Gain On Indefinite Lived Crypto Assets Held As Investments
NoncashOrPartNoncashRealizedGainOnIndefiniteLivedCryptoAssetsHeldAsInvestments
48491000 usd
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

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