Coinbase shares surge 17% despite $667M net loss and a sharper-than-expected 20% revenue decline. Bitcoin climbs nearly 5%, driving Coinbase higher as inflation data fuels rate-cut expectations. Stablecoin bill debate raises questions over Coinbase’s USD Coin revenue-sharing model. Coinbase Global Inc. shares surged on Friday, rising nearly 17% to $164.32 and at one point gaining almost 20% on more than double the average trading volume. According to a Bloomberg report , the rebound followed the company’s fourth-quarter earnings report, which showed weaker trading activity and a large net loss. The move indicated that investors had positioned for more severe results after weeks of declines that left the stock down about 45% over the past year. Coinbase reported fourth-quarter revenue of $1.8 billion, a 20% decline that exceeded analysts’ expectations for a dro… Read The Full Article Coinbase Stock Jumps 17% After $667M Loss as Bitcoin Rebound Sparks Sharp Reversal On Coin Edition .