Coinbase hits $250 direct listing price, shares surge alongside Bitcoin

From Yahoo Finance:

Coinbase Global Inc. has reached its direct listing price of $250, its highest in over two years. Despite initial enthusiasm, shares dropped 38% in the first year of trading due to a crypto-winter and SEC scrutiny. However, shares have surged over 300% in the last year, thanks to Bitcoin’s rise and SEC approval of digital asset ETFs. Even with recent platform glitches, shares continue to grow alongside Bitcoin. Other crypto-related stocks, like MicroStrategy Inc. and CleanSpark Inc., are also seeing gains.



Read more at Yahoo Finance: Coinbase Tops Direct Listing Price as Bitcoin Hits Record