On the again of bitcoin’s record-setting begin to the yr, Coinbase posted an estimated revenue between $730-800 million in Q12021. It additionally broke data for property beneath administration, income, verified customers, and lively customers. This stellar efficiency locations Coinbase in a great place for its upcoming direct itemizing. That mentioned, traders nonetheless must make a number of essential choices concerning how a lot of their portfolio to allocate to the inventory, in addition to the timing of their buy.
Click on right here for Forbes’ takeaways from its earnings name on Tuesday, April 6: