Coinbase Global Stock Fair Value Calculator – Coinbase Global’s CZ Sees Net Worth Soar $25 Billion Despite Guilty Plea and Binance Ouster

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According to a recent report, CZ’s net worth is expected to reach nearly $25 billion by 2023, making him one of the wealthiest individuals in the world. In addition to its core service of buying and selling Bitcoin, Ethereum, and other digital assets, Coinbase Global ($NASDAQ:COIN) also offers cryptocurrency wallets, institutional custody solutions, and merchant services. Despite this, his net worth is expected to skyrocket as Coinbase Global continues to flourish.

If Coinbase Global continues its current trajectory, CZ’s wealth is expected to grow 25 times in the next two years. Despite having pleaded guilty and being ousted from Binance, CZ has managed to turn his fortunes around and create an unprecedented level of wealth for himself.

Share Price

On Tuesday, COINBASE GLOBAL stock opened at $174.8 and closed at $172.0, down by 2.0% from prior closing price of 175.5 despite a guilty plea from its CEO, Changpeng Zhao, and his ousting from its rival exchange, Binance. Despite this, Zhao’s net worth still soared to $25 billion, according to the Bloomberg Billionaire’s Index. This made him one of the world’s most successful crypto entrepreneurs and a symbol of the explosive growth of digital currency investments. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Coinbase Global. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Coinbase Global. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Coinbase Global. More…

Key Ratios Snapshot

Some of the financial key ratios for Coinbase Global are shown below. More…

Analysis – Coinbase Global Stock Fair Value Calculator

As GoodWhale, we conducted an analysis of COINBASE GLOBAL‘s financials and determined that the intrinsic value of their share is around $71.9. This value was calculated using our proprietary Valuation Line. Currently, COINBASE GLOBAL stock is trading at $172.0, meaning it is overvalued by 139.1%. Investors should be aware of this potential overvaluation before making any decisions to buy or sell the stock. More…

Peers

The competition between Coinbase Global Inc and its competitors is fierce. Each company is trying to get a larger share of the market and to be the leading digital currency exchange. Coinbase Global Inc is the largest digital currency exchange in the world and it has a lot of experience. However, its competitors are also very experienced and they are all trying to get a larger share of the market.

– Riot Blockchain Inc ($NASDAQ:RIOT)

Riot Blockchain Inc. is a cryptocurrency mining company that focuses on Bitcoin mining. The company has a market capitalization of $981.09 million and a return on equity of -17.02%. Riot Blockchain Inc. was founded in 2000 and is headquartered in Castle Rock, Colorado.

– Robinhood Markets Inc ($NASDAQ:HOOD)

Robinhood Markets Inc is a financial services company that offers a commission-free trading platform for stocks, options, and cryptocurrency. The company has a market cap of 9.19B as of 2022 and a Return on Equity of -33.37%. Robinhood was founded in 2013 and is headquartered in Menlo Park, California.

– MicroStrategy Inc ($NASDAQ:MSTR)

MicroStrategy Inc is a publicly traded business intelligence company. The company has a market cap of 2.66B as of 2022 and a ROE of -77.69%. MicroStrategy offers a comprehensive suite of products that enable organizations to analyze internal and external data to make better informed decisions. The company’s products are used by organizations of all sizes, in a variety of industries, including banking, healthcare, insurance, retail, telecommunications, and many others.

Summary

Coinbase Global, the leading cryptocurrency exchange, is set to see its wealth balloon by an estimated $25 billion in 2023, even after facing a guilty plea and being ousted from major exchange Binance. Investing in Coinbase Global can yield a high return on investment due to its position as the top cryptocurrency exchange in the world. Coinbase is also known for its secure trading environment, with its multi-level security system providing users with an extra layer of protection when trading. The company’s success is expected to continue growing in the future, making it a great choice for investors looking for long-term profits.