Coinbase is officially worth more than GM, FedEx, and Twitter after its market capitalization.
Moreover, Coinbase is currently worth more than twice as
much as Chipotle ($43 billion), eBay ($43 billion),
Hilton ($35 billion), or Electronic Arts ($41 billion).
Coinbase's market value is notable because it generated only $322 million of net income in 2020,
a fraction of Lockheed's $6.9 billion or GM's $6.4 billion in profits last year.
However, its backers are betting it will grow into its valuation by cashing in on the crypto boom and expanding its operations.
Негізгі бет coinbase 100 Billion dollar company in just 9 years | IT Business
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