Coinbase (COIN) has had an inc-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Coinbase (COIN) has had an incredible run, outpacing Bitcoin itself and easily exceeding even bullish analyst targets over the last two months. The rebound in BTC is acting as a powerful catalyst, pulling crypto-exposed stocks up with it—but there’s always a catch when the rally starts looking this easy.

Can Coinbase keep outperforming? It’s possible, but the risk/reward is getting trickier. COIN’s price is now heavily front-running actual crypto transaction volumes and earnings growth. Some of the upside is justified—spot BTC ETFs are driving new users, regulatory wins are stacking up, and crypto sentiment is improving. But at these levels, any hiccup in earnings or a pause in Bitcoin’s rally could trigger a sharp correction. COIN is not just a bet on crypto prices, but on continued momentum, and that’s always a volatile ride. A blowout quarter could keep the rally alive, but watch for profit-taking—especially if results merely meet expectations or if Bitcoin chops sideways.

As for MicroStrategy (MSTR), its valuation is almost entirely chained to Bitcoin’s performance. The company is a leveraged BTC play, and the market values it largely as a proxy ETF with some enterprise software window dressing. MSTR’s actual operating business matters far less than its BTC stack—when Bitcoin rallies, MSTR soars; when BTC dips, MSTR gets punished, often with more volatility. That means earnings only really matter if they reveal something about MicroStrategy’s Bitcoin accumulation strategy or risk management. For valuation, the size, cost basis, and leverage of its BTC holdings are king.

Bottom line: Coinbase could run further if the crypto bull mood persists, but at these heights, corrections can be fast and brutal—manage risk. With MicroStrategy, it’s all about Bitcoin—positive earnings can juice the rally, but the stock’s fate is firmly in Satoshi’s hands.

Coinbase $2.3B Convertible Note: Smart Move or Red Flag?

Coinbase Global was down 6.3%. The crypto exchange unveiled a convertible note offering worth up to $2.3 billion on Tuesday. Coinbase said it plans to offer $1 billion in convertible senior notes due in 2029, and $1 billion due in 2032 in a private offering. The company also expects to grant options to purchase up to an additional $150 million of each set of notes. -------- How do you view a company issuing new shares at high levels? Is it a case of cashing out on retail investors, or simply a good time to raise funds? At what price would it be a good opportunity to buy the dip?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The crypto exchange unveiled a convertible note offering worth up to $2.3 billion on Tuesday. Coinbase said it plans to offer $1 billion in convertible senior notes due in 2029, and $1 billion due in 2032 in a private offering. The company also expects to grant options to purchase up to an additional $150 million of each set of notes.\n--------\nHow do you view a company issuing new shares at high levels?\nIs it a case of cashing out on retail investors, or simply a good time to raise funds?\nAt what price would it be a good opportunity to buy the dip?","image":"https://community-static.tradeup.com/news/cd7289268bbe607b93ebe7feace03261"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Coinbase (COIN) has had an incredible run, outpacing Bitcoin itself and easily exceeding even bullish analyst targets over the last two months. The rebound in BTC is acting as a powerful catalyst, pulling crypto-exposed stocks up with it—but there’s always a catch when the rally starts looking this easy.</p>\n<p>Can Coinbase keep outperforming? It’s possible, but the risk/reward is getting trickier. COIN’s price is now heavily front-running actual crypto transaction volumes and earnings growth. Some of the upside is justified—spot BTC ETFs are driving new users, regulatory wins are stacking up, and crypto sentiment is improving. But at these levels, any hiccup in earnings or a pause in Bitcoin’s rally could trigger a sharp correction. COIN is not just a bet on crypto prices, but on continued momentum, and that’s always a volatile ride. A blowout quarter could keep the rally alive, but watch for profit-taking—especially if results merely meet expectations or if Bitcoin chops sideways.</p>\n<p>As for MicroStrategy (MSTR), its valuation is almost entirely chained to Bitcoin’s performance. The company is a leveraged BTC play, and the market values it largely as a proxy ETF with some enterprise software window dressing. MSTR’s actual operating business matters far less than its BTC stack—when Bitcoin rallies, MSTR soars; when BTC dips, MSTR gets punished, often with more volatility. That means earnings only really matter if they reveal something about MicroStrategy’s Bitcoin accumulation strategy or risk management. For valuation, the size, cost basis, and leverage of its BTC holdings are king.</p>\n<p>Bottom line: Coinbase could run further if the crypto bull mood persists, but at these heights, corrections can be fast and brutal—manage risk. With MicroStrategy, it’s all about Bitcoin—positive earnings can juice the rally, but the stock’s fate is firmly in Satoshi’s hands.</p></body></html>","htmlText":"<html><head></head><body><p>Coinbase (COIN) has had an incredible run, outpacing Bitcoin itself and easily exceeding even bullish analyst targets over the last two months. The rebound in BTC is acting as a powerful catalyst, pulling crypto-exposed stocks up with it—but there’s always a catch when the rally starts looking this easy.</p>\n<p>Can Coinbase keep outperforming? It’s possible, but the risk/reward is getting trickier. COIN’s price is now heavily front-running actual crypto transaction volumes and earnings growth. Some of the upside is justified—spot BTC ETFs are driving new users, regulatory wins are stacking up, and crypto sentiment is improving. But at these levels, any hiccup in earnings or a pause in Bitcoin’s rally could trigger a sharp correction. COIN is not just a bet on crypto prices, but on continued momentum, and that’s always a volatile ride. A blowout quarter could keep the rally alive, but watch for profit-taking—especially if results merely meet expectations or if Bitcoin chops sideways.</p>\n<p>As for MicroStrategy (MSTR), its valuation is almost entirely chained to Bitcoin’s performance. The company is a leveraged BTC play, and the market values it largely as a proxy ETF with some enterprise software window dressing. MSTR’s actual operating business matters far less than its BTC stack—when Bitcoin rallies, MSTR soars; when BTC dips, MSTR gets punished, often with more volatility. That means earnings only really matter if they reveal something about MicroStrategy’s Bitcoin accumulation strategy or risk management. For valuation, the size, cost basis, and leverage of its BTC holdings are king.</p>\n<p>Bottom line: Coinbase could run further if the crypto bull mood persists, but at these heights, corrections can be fast and brutal—manage risk. With MicroStrategy, it’s all about Bitcoin—positive earnings can juice the rally, but the stock’s fate is firmly in Satoshi’s hands.</p></body></html>","text":"Coinbase (COIN) has had an incredible run, outpacing Bitcoin itself and easily exceeding even bullish analyst targets over the last two months. The rebound in BTC is acting as a powerful catalyst, pulling crypto-exposed stocks up with it—but there’s always a catch when the rally starts looking this easy. Can Coinbase keep outperforming? It’s possible, but the risk/reward is getting trickier. COIN’s price is now heavily front-running actual crypto transaction volumes and earnings growth. Some of the upside is justified—spot BTC ETFs are driving new users, regulatory wins are stacking up, and crypto sentiment is improving. But at these levels, any hiccup in earnings or a pause in Bitcoin’s rally could trigger a sharp correction. COIN is not just a bet on crypto prices, but on continued momentum, and that’s always a volatile ride. A blowout quarter could keep the rally alive, but watch for profit-taking—especially if results merely meet expectations or if Bitcoin chops sideways. As for MicroStrategy (MSTR), its valuation is almost entirely chained to Bitcoin’s performance. The company is a leveraged BTC play, and the market values it largely as a proxy ETF with some enterprise software window dressing. MSTR’s actual operating business matters far less than its BTC stack—when Bitcoin rallies, MSTR soars; when BTC dips, MSTR gets punished, often with more volatility. That means earnings only really matter if they reveal something about MicroStrategy’s Bitcoin accumulation strategy or risk management. For valuation, the size, cost basis, and leverage of its BTC holdings are king. Bottom line: Coinbase could run further if the crypto bull mood persists, but at these heights, corrections can be fast and brutal—manage risk. With MicroStrategy, it’s all about Bitcoin—positive earnings can juice the rally, but the stock’s fate is firmly in Satoshi’s hands.","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/462657165394232","repostId":0,"isVote":1,"tweetType":1,"viewCount":864,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1586,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/462657165394232"}