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COIN - Coinbase: My Pick To Take Advantage Of The Crypto Upswing
Coinbase Global Inc
2024-05-16 11:07:00 ET
Summary
Coinbase had a great Q1 2024 where the company blew past analysts' estimates. This quarter saw 3x the transaction revenue.
The company’s revenue tends to move with the price of Bitcoin. I believe that Bitcoin prices are only set to go higher from here.
Coinbase has also made serious strides to expand its business internationally. The company has 6.5% to 7% market share worldwide indicating plenty of room to grow.