Coinbase Global, Inc. (COIN): A Bull Case Theory

We came across a bullish thesis on Coinbase Global, Inc. on Stock Region Research’s Substack by Stock Region. In this article, we will summarize the Bulls’ thesis on COIN. Coinbase Global, Inc.'s share was trading at $375.07 as of June 26^th. COIN’s trailing and forward P/E ratios were 70.50 and 64.94, respectively, according to Yahoo Finance.

Coinbase has emerged as a pivotal player in the crypto ecosystem, recently making headlines for assisting law enforcement in recovering $225 million in stolen cryptocurrency. This move reinforces its strong emphasis on security and...