K.J. Harrison Invests Heavily in Coinbase Global Inc.

K.J. Harrison & Partners Inc has purchased a new stake in Coinbase Global, Inc., valued at approximately $2.23 million. This is one of several large investments made by various funds and institutions into the cryptocurrency exchange's stock during the third quarter.

The company's revenue for the quarter was down 21.6% compared to the same period last year, with earnings per share (EPS) missing analyst expectations at $0.66. However, analysts forecast that Coinbase will post 7.22 EPS for the current fiscal year.