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33 sats
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2 replies
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@grayruby
17h
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on: Coinbase stock hits new all-time closing high
Stacker_Stocks
Massively overvalued.
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@SimpleStacker
17h
Why?
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33 sats
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@grayruby
15h
No one trades shitcoins on coinbase anymore and while they have massive amounts of bitcoin they are custodying for ETFs and corporations that is a very low margin business. They are trading at 13.5x sales and 70x earnings.
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