Coinbase's Share Price Rises As Bitcoin Soars

3/15/2024 2:13:42 PM

(MENAFN- Investor Brand Network) Coinbase Global Inc. (NASDAQ: COIN) 's stock prices have gone up significantly amid a surge in bitcoin prices and even surpassed the listing price set during Coinbase's direct public offering in 2021. The rise in share prices represents a major turn for the better for a crypto exchange that has dealt with significant challenges since it joined the stock market.

Coinbase share prices have surged by a whopping 60% since the beginning of the year and passed $252 per share this month, Coingape reports. This is the first time in several years that Coinbase shares have cleared the $250 mark and is part of a trend that has seen the company's shares rise steadily in...

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