Coinbase Global ( (COIN) ) has issued an update.
On May 8, 2025, Coinbase Global, Inc. entered into a Share Purchase Agreement to acquire all outstanding shares of Deribit, a Netherlands-based company, for $700 million in cash and nearly 11 million shares of Coinbase’s Class A common stock. This acquisition, pending regulatory approvals and other conditions, aims to strengthen Coinbase’s market position and expand its offerings in the cryptocurrency space, with significant implications for stakeholders, including a lock-up arrangement for certain Deribit shareholders and a potential $100 million termination fee if regulatory approvals are not obtained by November 8, 2025.
Spark’s Take on COIN Stock
According to Spark, TipRanks’ AI Analyst, COIN is a Outperform.
Coinbase Global shows strong financial performance with significant revenue growth and profitability improvements. The technical indicators show mixed signals, warranting caution. Valuation is reasonable, but the lack of a dividend might deter some investors. The earnings call highlighted positive future prospects, although concerns about declining stablecoin revenue and rising expenses should be monitored.
To see Spark’s full report on COIN stock, click here.
More about Coinbase Global
Coinbase Global, Inc. operates in the cryptocurrency industry, providing a platform for buying, selling, and managing digital currency. It is a leading cryptocurrency exchange known for its focus on security and regulatory compliance.
Average Trading Volume: 9,089,354
Technical Sentiment Signal: Sell
Current Market Cap: $50.19B
See more data about COIN stock on TipRanks’ Stock Analysis page.