Coinbase, which has no official headquarters, opted to avoid an initial public offering IPO and instead directly list its shares trade on the app every month, some have said that COIN could end up trading to set the pricing as some investors are now possibly using MicroStrategy MSTR shares.
Source: FactSet. Brian Armstrong. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Shares of the cryptocurrency exchange have soared, but legal challenges are mounting along with competitive threats.
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