Just Buy Bitcoin Instead of Coinbase Stock

Shares of cryptocurrency exchange Coinbase (COIN 3.28%) have made an incredible comeback over the past six months, more than tripling in that time. The stock is still trading below its all-time high, but much of the damage inflicted by the post-pandemic cryptocurrency crash has been undone.Coinbase slashed costs last year, which was enough to push its net income into positive territory, despite a slight decline in revenue. The company ended the year with about 24% fewer employees, compared to the start of t ...