$Coinbase Global, Inc.(COIN)$ Shorts need to be careful here. This trades at 1-2x revenues and has almost 100 mil customers, or trading at $85-$90 per customer. That is not expensive (anymore) by any means. Market cap is also getting low enough to be a potential acquisition target. We are one tweet away from CZ making an offer, even if just exploring, and we jump to $60-$70 instantly.
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.
👍