Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

The Case for Coinbase as a Value Stock

TheMotleyFool

0 0

The Case for Coinbase as a Value Stock: https://g.foolcdn.com/editorial/images/710022/youtube-thumbnails-80.png

Shares of Coinbase Global (NASDAQ: COIN) were down this year before the FTX collapse, but they're now trading as if the entire crypto ecosystem is going down. Meanwhile, the company has over $5 billion in cash and potentially $800 million per year in cash flow coming from a 50% stake in a major stablecoin. Travis Hoium digs into this hidden cash machine at Coinbase.

*Stock prices used were the end-of-day prices of Nov. 16, 2022. The video was published on Nov. 18, 2022.

Source Fool.com

Like: 0

COIN

Share