What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to announce Coinbase's financial results for the fourth quarter and the full year ended December 31, 2021. It also serves to inform investors about an upcoming conference call to discuss these results and provides the Shareholder Letter containing the detailed financial information.

Where can I find the detailed financial results?

The detailed financial results are available in the Shareholder Letter furnished as Exhibit 99.1 to this 8-K filing. Coinbase also encourages investors to listen to their conference call scheduled for February 24, 2022, and to review other public disclosures on their website and social media channels.

Does this filing include official GAAP financial statements?

This 8-K filing itself primarily serves as an announcement and directs investors to the Shareholder Letter (Exhibit 99.1) for the financial results. The Shareholder Letter contains both GAAP and non-GAAP financial information, with a reconciliation provided for the non-GAAP measures. While the letter discusses results, the information furnished in the 8-K is not considered "filed" under Section 18 of the Exchange Act.

What are Coinbase's key communication channels for investors?

Coinbase utilizes several channels to communicate material information to investors. These include filings with the SEC, their official website (www.coinbase.com), their blog (blog.coinbase.com), press releases, public conference calls and webcasts, and their official social media accounts on platforms like Twitter (@coinbase), Facebook, LinkedIn, and YouTube, as well as the CEO's Twitter feed (@brian_armstrong).

COIN 8-K: Earnings & Results

Summary

Coinbase Global, Inc. (COIN) filed an 8-K on February 24, 2022, to announce its fourth quarter and full-year 2021 financial results. The key takeaway for investors is that the company is set to hold a conference call and has released a Shareholder Letter detailing these results. Investors should pay close attention to this Shareholder Letter and the accompanying conference call for comprehensive financial performance insights, including both GAAP and non-GAAP measures, as Coinbase utilizes these channels to disseminate material information. The filing also clarifies that the information furnished in this 8-K, specifically the Shareholder Letter, is not deemed "filed" for regulatory purposes under Section 18 of the Exchange Act, but it does provide a reconciliation of GAAP to non-GAAP financial information. Investors are encouraged to monitor various Coinbase communication channels, including their website, blog, social media, and executive Twitter feeds, for ongoing updates and material disclosures.

Key Highlights

1Coinbase announced its Q4 and Full Year 2021 financial results via an 8-K filing.
2A Shareholder Letter detailing these financial results has been furnished as an exhibit.
3The company will host a conference call on February 24, 2022, to discuss the financial results.
4The filing includes a reference to non-GAAP financial information and provides a reconciliation to GAAP in the Shareholder Letter.
5Information furnished in this 8-K is not deemed "filed" under Section 18 of the Exchange Act.
6Coinbase directs investors to multiple channels for material information, including SEC filings, website, blog, and social media.

Coinbase Global, Inc. 8-K Report, Financial Results (Feb 24, 2022)

Summary

Key Highlights

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