Coinbase’s $86bn Valuation Has Been Grossly Exaggerated by Misleading Media
April 16 2021 - 7:00PM
NEWSBTC
Coinbase shares closed at $327 on their Nasdaq debut, giving the
crypto exchange an initial market cap of $86bn on a fully diluted
basis. Fully diluted refers to the total number of common shares
outstanding and available to trade on the open market after all
possible sources of conversion. But some feel this measure gives
[…]
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