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Is Coinbase Global, Inc. (COIN) A Good Stock To Buy Now?

Is COIN a good stock to buy? We came across a bullish thesis on Coinbase Global, Inc. on Mulberry’s Substack by Mulberry Investment Research. In this article, we will summarize the bulls’ thesis on COIN. Coinbase Global, Inc.'s share was trading at $159.78 as of June 12th. COIN’s trailing and forward P/E were 58.74 and 69.44 respectively according to Yahoo Finance.

Coinbase Global, Inc. (COIN) sits at the center of the structural shift in global payments as stablecoins emerge as a faster, cheaper alternative to legacy cross-border banking rails. The company operates as the leading...