Revenue

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
British Virgin Islands - Digital Assets Sales Revenue	-	34.98B	35.27B
United Kingdom - Digital Assets Sales Revenue	63.01B	72.49B	74.30B
Cayman Islands - Digital Assets Sales Revenue	55.53B	46.92B	-
Singapore - Digital Assets Sales Revenue	-	-	90.98B
On the Exchange - Digital Assets Sales Revenue	216.30B	244.41B	250.18B
On Other Venues - Digital Assets Sales Revenue	-	396.42M	21.82M
Total Digital Assets Sales Revenue	216.39B	244.81B	250.20B
Other Segment Revenue ( Thousands)	196.12K	158.94K	61.97K
Revenue (Total)	216.58B	244.97B	250.26B

Adjusted Revenue

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Adjusted Transaction Revenue	126.70M	130.70M	153.20M
Subscription & Services Revenue	190.60M	155.50M	59.80M
Digital Assets Held as Investments & Other	-	2.20M	900.00K
Revenue (Total)	216.58B	244.97B	250.26B

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Bitcoin - Trading Volume	-	-	305.18B
Ethereum - Trading Volume	-	-	144.53B
Others - Trading Volume	-	-	97.00B
Total Company's Trading Volume	-	-	546.71B
Bitcoin - Average Daily Volume	-	-	834.00M
Ethereum - Average Daily Volume	-	-	395.00M
Others - Average Daily Volume	-	-	265.00M
Total Company's Average Daily Volume	-	-	1.49B
Bitcoin - Average Trading Spread (bps)	-	-	3.40
Ethereum - Average Trading Spread (bps)	-	-	2.90
Others - Average Trading Spread (bps)	-	-	2.30
Overall Average Trading Spread (bps)	-	-	3.10
Total Pageviews - CoinDesk.com	119.10M	114.50M	128.20M
Monthly Unique Visitors - CoinDesk.com	-	2.90M	4.96M
Daily Average Bitcoin Price (BTC)	-	101.60K	65.90K
Annualized Bitcoin Volatility (SPOT)	-	37.30%	43.50%
Average Daily Trading Volume (PERP)	-	162.30M	338.80M