The Safest Way to Invest in Crypto
COIN stock may just be the safest way to invest in crypto. Why? Because the company makes money whether people are buying or selling via transaction revenue. While they're still very correlated to the price of bitcoin, Coinbase has finally managed to diversify their revenues away from retail transactions, something the company was overly reliant on back in 2021. Retail transaction revenue was only 46% of total revenues in 2023. Not bad. We're ready to start "liking" Coinbase stock, but we're not in love yet.
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The skinny
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