Coinbase Achieves $100 Billion Market Cap Amid Bitcoin's New All-Time Highs

Coinbase Achieves $100 Billion Market Cap Amid Bitcoin's New All-Time Highs

Coinbase shares hit an all-time high of $405.88 as Bitcoin prices exceed $120,000, marking a significant milestone for the cryptocurrency exchange.

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Summary

Coinbase shares reached an all-time high of $405.88, driven by Bitcoin surpassing $120,000. The company's market cap hit a record $101.4 billion, reflecting increased investor interest. Strategy, led by Michael Saylor, also saw a 3% rise, holding over 601,550 BTC, which is 2.86% of total BTC supply.

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