With Coinbase releasing their reserves in the value of $33 Billion, doesn’t that make COIN undervalued?
I don’t hold any COIN, mostly because I loathe the stock market. But with the recent release of $33 Billion worth of reserves, does this make COIN an obvious value stock? Generally on the stock market, a company is valued at the very least 1x their Assets. And that is just their reserves for one…
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