Market Cap
24h Vol
20511
Cryptocurrencies
58.4%
Bitcoin Share

Coinbase Post-IPO Opportunity

Coinbase Post-IPO Opportunity


Seeking Alpha
2022-01-28 19:23:51

Coinbase has fallen over 50% since it IPO'd in April of last year.I believe service revenue growth may decrease the volatile crypto asset correlation and drive earnings power over time.Trading at an NTM P/E of less than 25x, current price levels may be advantageous for long-term holders.


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