Coinbase (founded 2012) is the largest cryptocurrency exchange in the United States by trading volume.

Who uses Coinbase?

Coinbase is in 100+ counties, and they have over 68 million verified users. Last quarter, Retail Monthly Transacting Users (MTUs) grew to 8.8 million, up 44% from Q1 2021.

How do they many money?

Last quarter they had $2.0 billion in net revenue, including $1.9 billion from transactions and $100 million in subscription & services revenue.

What does the future have in store for Coinbase?

Along with being an exchange, $COIN will be a hodler. In August, they announced plans to purchase $500 million in non-fiat currency and use 10% of their profits to purchase more non-fiat currency in the future. Think about that - the most popular non-fiat currency was priced under $50K in Aug/Sept and now it is $64K. That's a massive return on investment.
They announced Coinbase NFT, a peer-to-peer marketplace that will make minting, purchasing, showcasing, and discovering NFTs easier than ever. They have over 1.8 million users on the waitlist to join.
Today! They announced a partnership with Facebook. They will be store non-fiat currency for Facebook's new digital wallet, Novi, which will enable users to send and receive money abroad instantly, securely and with no fees.
Today! Coinbase and NBA sign a multiyear partnership deal. Specifics are not yet revealed.

So what?

Buy the stock! Buy calls! Sell puts! Oppenheimer’s Owen Lau rates COIN an Outperform with a $444 price target. That is 45% upside from here.

This company has massive YoY revenue growth, and they have actual earnings.

Company	Q2 Net Income	Current Market Cap
SQ	204.02M	117B
PYPL	1.18B	320B
TSLA	1.14B	856B
COIN	1.61B	64B

I pity the fool that doesn't buy $COIN.