Coinbase Addresses Future Revenue Concerns With Plans to Become Crypto’s Amazon
20 April 2021 - 10:00AM
NEWSBTC
A well-received Nasdaq debut from Coinbase last week opens what
many hope to be crypto’s cross into the mainstream. Nonetheless,
controversy has surrounded its IPO, including valuing the firm on a
fully diluted basis. Using this methodology, a higher number of
shares is included in the company valuation, essentially
overvaluing the company by some $20bn. […]
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