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Coinbase shares jump after S&P 500 inclusion
Proactiveinvestors NA· 2025-05-13 15:40
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
American Bitcoin to go public via merger with Gryphon Digital Mining
Proactiveinvestors NA· 2025-05-12 16:25
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Coinbase to acquire Deribit for $2.9B in crypto's largest M&A deal — WSJ
Proactiveinvestors NA· 2025-05-08 14:17
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Should You Add COIN Stock to Your Portfolio Ahead of Q1 Earnings?
ZACKS· 2025-05-05 18:35
Core Viewpoint - Coinbase Global Inc. is expected to report improved financial results for the first quarter of 2025, with significant increases in both revenue and earnings compared to the previous year [1][2]. Revenue Estimates - The Zacks Consensus Estimate for Coinbase's first-quarter revenues is $2.2 million, reflecting a 33.4% increase year-over-year [1]. - The consensus estimate for transaction revenues is $1,325 million, indicating a 23% increase from the year-ago quarter [8]. - Subscription and services revenues are projected to be between $685 million and $765 million, with the consensus estimate at $707 million [10]. Earnings Estimates - The consensus estimate for earnings per share (EPS) is $2.06, which represents a year-over-year increase of 23.6 [2]. - The most accurate estimate for EPS is $1.93, resulting in an Earnings ESP of -5.23% [5]. Performance History - Coinbase has a history of beating earnings estimates, achieving this in three of the last four quarters with an average surprise of 46.15% [3]. Factors Influencing Results - Increased trading volume due to higher volatility is expected to benefit Coinbase's performance, with trading volume estimated at 404 million, a 29.4% increase year-over-year [6]. - The focus on international expansion, growth in derivatives and spot trading, and integration of USD Coin are likely to enhance revenue streams from trading fees and Stablecoins [7]. Expense Projections - Coinbase anticipates transaction expenses to be in the mid-to-high teens as a percentage of net revenues [9]. - Technology and development expenses are expected to be between $750 million and $800 million, reflecting increased variable expenses [11]. - Sales and marketing expenses are projected to be between $235 million and $375 million due to increased digital marketing spending [12]. Valuation Metrics - Coinbase's stock is trading at a price-to-earnings ratio of 22.47, which is higher than the industry's average of 15.29 [16]. Investment Thesis - The company is positioned to benefit from higher crypto asset volatility and prices, along with increased adoption of its services in a pro-crypto environment [19]. - Investments in infrastructure and foundational platforms are expected to optimize operations and drive revenue growth [20].
DeFi Development Corporation to Host X Spaces Event with Industry Leaders: “Scaling Solana: Builders, Backers, & Believers”
Globenewswire· 2025-04-22 20:00
BOCA RATON, FL, April 22, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corporation (Nasdaq: JNVR) (the "Company") today announced that it will host a live Twitter Spaces conversation on Thursday, April 24, 2025, at 11:30 a.m. Eastern Time, titled "Scaling Solana: Builders, Backers, & Believers." Join the conversation: https://twitter.com/i/spaces/1ynJOldWzMvxR. The Company does not intend to disclose any material nonpublic information during the event. About DeFi Development Corporation DeFi Development Corpor ...
Coinbase: A Solid Case For Buying The Dip (Rating Upgrade)
Seeking Alpha· 2025-03-31 02:28
Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...
HIVE Digital reports February Bitcoin production, advances paraguay expansion
Proactiveinvestors NA· 2025-03-10 13:03
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive focuses on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive has a strong emphasis on technology adoption to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Trump tariffs may cut North American vehicle production by a third
Proactiveinvestors NA· 2025-03-04 18:27
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers a wide range of sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive has a presence in key finance and investing hubs with bureaus and studios located in major cities such as London, New York, and Sydney [2] Group 2 - The company emphasizes the use of technology to enhance workflows and improve content delivery [4] - Proactive employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5] - The team consists of experienced journalists who bring valuable expertise to the production of financial news [4]
Nasdaq to power Wall Street ahead as March trading begins, bitcoin up on Trump reserve order
Proactiveinvestors NA· 2025-03-03 13:20
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...