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Coinbase’s Reference Share Price for Trading to Commence Is $250

Coinbase’s Reference Share Price for Trading to Commence Is $250



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6 Comments

  1. Coinbase ( coin ) is decided to be 250 usd, thats 27 % lower then last Private sale on Coin Ipo price at 343 usd.

    That could be a really good thing because the share price will go up pretty fast if the last shareholders who bought at 343 usd are gonna decide to hold before they sell.

    I think we could see it go from 250 to 375 pretty fast ( days ). But then again, i dont know much about the market… my knowledge is based on crypto world.

    I read somewhere that 20 % of the shares are held by the Coinbase workers, if this is true it could be that they wait to sell their shares because they know a higher price will come quickly.

    Again i know nothing and this is all based on my mindset.

  2. tldr; Goldman Sachs and Nasdaq have decided that Coinbase should start trading at $250 per share. That’s a valuation of $66.5 billion, assuming an estimated 266.2 million shares outstanding. This figure is 27% lower than what Coinbase last traded at in the private secondary market.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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