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Coinbase stock is rallying on revenue, and MicroStrategy is piling up Bitcoin

Coinbase stock is rallying on revenue, and MicroStrategy is piling up Bitcoin https://ift.tt/LeKRYmZ

Coinbase and MicroStrategy, two major crypto-focused firms, released their earnings on Thursday after the closing bell. Crypto exchange Coinbase reported better-than-expected revenue, whereas business intelligence company MicroStrategy, which uses Bitcoin as its primary treasury asset, reported a loss.