Coinbase 'COIN' Shares Presently Trading At Price $369 USD Per Share.
2021-04-14 | Robin Williams
Coinbase COIN shares are presently indicated to trade at $369 USD per share,
consistent with Bloomberg.
The number, that
is way from definite and only reflects the progress made between buyers and sellers as they work to assign a price, is 48%
over the $250 USD reference price per share that Nasdaq as well as Goldman Sachs released yesterday afternoon.
It's only moderately higher, however, than what the
cryptocurrency exchange traded at
within the private secondary market, $343.58 USD per share.
Different media are reporting various market values for Coinbase. At $369 USD per share, using
the amount of shares presently outstanding, 199.2 Mln, Coinbase would have a valuation of $73.5 Bln,
a bit over than Adyen.
This is often how firms are traditionally valued.
Moreover, using
the amount of shares if all options were exercised, 261.3 Mln,
the worth of the exchange would be inflated to $97.1 Bln, a figure that's being thrown around
tons today. By that measure, Coinbase would be larger than Daimler.
Leave a comment
Your email address will not be published. Required fields are marked *
