Coinbase’s stock closed Monday’s session at $394.01 per share, giving the company a market cap above $100 billion.Following bitcoin's rise to new all-time highs this weekend, the largest crypto exchange in the U.S. hit two significant milestones in Monday's trading session.Coinbase's stock closed the day up 1.8% at $394.01 per share, according to The Block's COIN data. That marks a new all-time closing high for the stock, which hit the public markets in April 2021. Shares hit an intraday high of $398.50.
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42 sats \ 2 replies \ @BlokchainB 14h
Impressive. Selling shitcoins is profitable apparently
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66 sats \ 1 reply \ @0xbitcoiner OP 14h
I guess you got a point there! But let's be real, right now Coinbase has a whole other side to its business besides just buying and selling crypto. They just got into the derivatives market, like, not long ago.
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33 sats \ 0 replies \ @BlokchainB 9h
Plus we don’t know how much they charge MSTR to custody their coins and they are getting payments from circle to push their stablecoin
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