Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2022-01-10 16:31:23

Coinbase: The Big NFT Tailwind The Market Is Missing

According to our model, Coinbase's (COIN) Q4'21 earnings results are likely to crush expectations by a very wide margin.Coinbase has a great balance sheet with over $6 billion of cash on hand and outstanding gross margin of ~77% with impressive growth.It is a founder-led business with a great culture and is a leading US crypto exchange.Coinbase has a Venture arm that invests a portion of the profits into cutting-edge products and technology like NFTs, and Crypto Lending which will add tailwinds to future growth.

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