Coinbase Global, Inc. is the holding company for Coinbase, Inc. and its subsidiaries, providing a platform for users to discover, trade, stake, store, spend, earn, and use crypto assets. It offers products and services tailored to three customer groups: consumers (individual retail users trading and engaging in on-chain activities), institutions (market makers, asset managers, hedge funds, banks, wealth platforms, registered investment advisors, payment platforms, corporations), and developers (developers, creators, merchants, crypto asset issuers, organizations, and financial institutions building decentralized protocols and applications). We show 18 historical shares outstanding datapoints in our COIN shares outstanding history coverage, used to compute COIN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing COIN market cap history over the course of time is important for investors
interested in comparing COIN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of COIN versus a peer is one thing; comparing
COIN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like COIN can fluctuate over the course of history.
With this page we aim to empower investors researching COIN by allowing them to research the COIN market cap history. |
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Video: The Importance of Market Cap
