Tag: COIN Stock

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Bitcoin is beating Warren Buffett’s ‘crypto bet’ in 2023

Bitcoin’s rebound in 2023 has also seen Coinbase stock gaining over 100% year-to-date, boosting Cathie Wood’s ARK portfolio. In 2023, Bitcoin (BTC) and Cathie Wood’s Coinbase (COIN) investment are finally outperforming Warren Buffett’s popular “crypto bet” in Brazil’s fintech giant Nubank (NU).  Bitcoin vs. crypto-exposure stocks NU, COIN As of March 17, Bitcoin’s price is…
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Bitcoin beats owning COIN stock by 20% since Coinbase IPO

Investing directly in Bitcoin turned out to be a better bet than owning Coinbase stock since its IPO. Buying a Coinbase stock (COIN) to gain indirect exposure in the Bitcoin (BTC) market has been a bad strategy so far compared to simply holding BTC.  Notably, COIN is down by nearly 50% to almost $186, if…
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