Close Menu
Cryprovideos
    What's Hot

    Russia Authorizes Restricted Crypto Derivatives Buying and selling for Certified Traders

    May 30, 2025

    HyperLiquid Dealer Liquidated for $100 Million After Bitcoin Guess Unravels – Decrypt

    May 30, 2025

    Hyperliquid whale losses close to $100M after Bitcoin dips under $105K

    May 30, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Coinbase Is Embarrassing Itself By Not Shopping for Bitcoin
    Coinbase Is Embarrassing Itself By Not Shopping for Bitcoin
    Bitcoin

    Coinbase Is Embarrassing Itself By Not Shopping for Bitcoin

    By Vivek SenNovember 2, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Coinbase Is Embarrassing Itself By Not Shopping for Bitcoin

    Actually, at this level, Coinbase is simply embarrassing itself by not shopping for Bitcoin and doing foolish buybacks.

    Coinbase simply had a nasty quarter. After reporting disappointing Q3 earnings, its inventory plunged over 10%. To instill confidence, Coinbase introduced a $1 billion share buyback. However that flopped, too, with shares barely budging.

    This complete debacle simply reveals that Coinbase is foolishly ignoring the apparent technique right here — shopping for bitcoin.

    As an alternative of share buybacks, think about if Coinbase put $1 billion into bitcoin for its company reserves. That will have despatched an actual message. It could present they’ve pores and skin within the recreation and actually imagine in Bitcoin and crypto’s future.

    Let’s be clear – Coinbase needs to be all-in on Bitcoin’s upside. That is the trade they pioneered! But right here we’re in 2024, and Coinbase will not observe the confirmed Bitcoin reserve mannequin that’s actually being flaunted of their face by MicroStrategy.

    Look, I’m not any monetary engineering knowledgeable to inform public corporations what to do, but it surely’s simply too evident for crypto corporations at this level.

    MicroStrategy began shopping for Bitcoin in 2020. And look what’s occurred — their market cap now exceeds Coinbase’s! This software program firm, with 1/tenth the income of Coinbase, has surged previous the OG Bitcoin and crypto alternate. All due to stacking sats.

    How embarrassing for Coinbase! They have been round since 2012, when Bitcoin was $5. Simply think about in the event that they went all-in on BTC again then. Nevertheless it’s nonetheless not too late.

    No extra losing cash on share buybacks or lame initiatives. The answer is staring Coinbase proper within the face — simply hold stacking sats!

    It is painfully apparent at this level. Any self-respecting Bitcoin and crypto firm should maintain Bitcoin on its stability sheet. It aligns pursuits with shareholders and strengthens credibility.

    So get up, Brian! No extra excuses. Coinbase actually owes its existence to Bitcoin. It is time to go all in finally.

    This text is a Take. Opinions expressed are completely the creator’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Russia Authorizes Restricted Crypto Derivatives Buying and selling for Certified Traders

    May 30, 2025

    HyperLiquid Dealer Liquidated for $100 Million After Bitcoin Guess Unravels – Decrypt

    May 30, 2025

    Hyperliquid whale losses close to $100M after Bitcoin dips under $105K

    May 30, 2025

    SEC Extends Evaluation for Bitwise Fund, Crypto ETFs Stalled

    May 30, 2025
    Latest Posts

    HyperLiquid Dealer Liquidated for $100 Million After Bitcoin Guess Unravels – Decrypt

    May 30, 2025

    Hyperliquid whale losses close to $100M after Bitcoin dips under $105K

    May 30, 2025

    Michael Saylor touts Bitcoin as 'perfected capital,' highlights fairness technique in Vegas speech

    May 30, 2025

    Dealer Behind 2021 Bear Market Name Now Predicts Main BTC Rally

    May 30, 2025

    Bitcoin Rally Stalls at $108K as Key Threat Metric Flashes Crimson, Is Correction Looming?

    May 30, 2025

    Bitcoin Index Reveals Early Upside Sign: BTC Worth Rally Subsequent?

    May 30, 2025

    Bitcoin low volatility fuels BlackRock's IBIT 31-day influx run and $72B asset surge

    May 30, 2025

    Michael Saylor Presents The 21 Methods To Wealth At Bitcoin 2025

    May 30, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Punisher Coin Tops the Finest Crypto Presales to Purchase Now Checklist Forward of Explosive Could nineteenth Launch, as Crypto Whales Flip Away from Solaxy and Thoughts of Pepe

    May 16, 2025

    Understanding Crypto Wallets: Your Key to True Crypto Possession

    November 11, 2024

    Uniswap companions with Robinhood, MoonPay, Transak to show crypto into money

    February 28, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.