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Loop Capital s Kourtney Gibson Adds To Her Coinbase Position
Coinbase Global Inc (NASDAQ:COIN).
Investing in Coinbase is a good way to diversify from
Bitcoin (CRYPTO: BTC) and capitalize on all of the trading that occurs in the crypto space, she said.
Gibson told CNBC that she doesn’t own Bitcoin, but from what she has seen in terms of institutional adoption, Bitcoin should have a positive impact on Coinbase moving forward.
Earnings Preview: Coinbase released estimated first-quarter results and a full year 2021 outlook on April 6 before it went public via a direct listing on April 14. The company said it expects to have 56 million verified users and revenue of approximately $1.8 billion.