MicroStrategy must buy the dip because its reserve of roughly 129,699 BTC is currently experiencing an aggregate value loss of more than $1 billion.
'It's a lot like predicting an earthquake to say that the stock market will crash. 'You know they will happen sometimes, but you never know when or how bad they will be,' Mati Greenspan said.
Although the values of Bitcoin and Ether have recently increased, Bitcoin mining companies have been injecting money.
Their COIN share price forecasts range from $30.00 to $275.00. On average, they anticipate the company's share price to reach $85.70 in the next twelve months. This suggests a possible upside of 146.4% from the stock's current price. View analysts price targets for COIN or view top-rated stocks among Wall Street analysts.
According to 34 stock analysts, the average 12-month stock price forecast for COIN stock is $ 96.94 , which predicts an increase of 135.12%. The lowest target is $ 42.42 and the highest is $ 231. On average, analysts rate COIN stock as a buy. The average analyst rating for COIN stock from 34 stock analysts is "Buy".
Coinbase Global trades on the NASDAQ under the ticker symbol "COIN." How do I buy shares of Coinbase Global? Shares of COIN stock can be purchased through any online brokerage account.
The consensus among Wall Street research analysts is that investors should "hold" COIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COIN, but not buy additional shares or sell existing shares. View COIN analyst ratings or view top-rated stocks.
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