coinbase stock – DIGIT INFO

Base mulls launching tokenized COIN stock

DIGIT — Fri, 03 Jan 2025 20:40:00 +0000

The plans are not yet concrete as Coinbase is awaiting regulatory clarity on securities tokenization.

Crypto ‘eating TradFi’s lunch’ as $5.75B Coinbase revenue beats Nasdaq

DIGIT — Tue, 17 Dec 2024 11:27:22 +0000

Coinbase and DeFi pose serious competition for traditional exchanges as Bitcoin ETFs beat gold by assets under management.

Go to Source

Coinbase stock breaks $300 for first time since 2021

DIGIT — Mon, 11 Nov 2024 19:49:47 +0000

The crypto exchange is one of the big winners from the United States elections on Nov. 5.

Go to Source

Citi upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politics

DIGIT — Wed, 24 Jul 2024 02:11:42 +0000

Analysts from Citi Group said a potential “crypto-friendly” administration and growing revenues are bullish catalysts for Coinbase shares.

Go to Source

Coinbase Aims to Raise $1 Billion Through Convertible Bond Sale as Shares Spike

DIGIT — Wed, 13 Mar 2024 15:15:53 +0000

Coinbase Global, Inc. has unveiled its strategy to generate $1 billion through the issuance of convertible bonds set to mature in 2030. This plan includes a provision for initial buyers to acquire an extra $150 million to address any over-allotments. Coinbase revealed that the proceeds would be allocated for “working capital and capital expenditures.” Coinbase […]

Go to Source

Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months

DIGIT — Tue, 04 Oct 2022 02:30:40 +0000

Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S. Securities and Exchange Commission (SEC). Since August […]

Go to Source

Goldman Sachs Downgrades Coinbase to Sell Rating — Analyst Says Firm Needs to Make Cost Base Reductions

DIGIT — Tue, 28 Jun 2022 11:30:52 +0000

Analysts from the multinational investment bank and financial services company Goldman Sachs Group Inc. have downgraded Coinbase Global Inc. in a note to investors on Monday. Today, Coinbase shares are down 83.68% from the stock’s all-time high (ATH) in November 2021. Goldman analyst William Nance explained that his group of market strategists believes “Coinbase will […]

Go to Source

Coinbase junk bonds tank amid market rout and creditors’ fears

DIGIT — Fri, 13 May 2022 02:04:41 +0000

“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, we are in an even stronger position given our balance sheet,” assured Coinbase CEO Brian Armstrong.

Go to Source

Jim Cramer: Coinbase stock is cheap, put 5% of your portfolio in crypto

DIGIT — Fri, 27 Aug 2021 01:45:54 +0000

Jim Cramer, the host of CNBC’s Mad Money thinks Coinbase is the “natural repository of crypto” and has recommended buying the stock.

Go to Source

Kraken rethinks direct listing plan following Coinbase’s lackluster performance

DIGIT — Fri, 11 Jun 2021 02:09:53 +0000

Kraken CEO Jesse Powell is having second thoughts about a direct listing in light of Coinbase going public, and is potentially leaning towards an IPO instead.

Go to Source