Coinbase Global Inc (COIN) is trading 18% higher at $95.51 today.

Coinbase Global Inc has been trading between a 52-week high of $368.9 and a 52-week low of $40.83. The stock has a market cap of $25 Billion.

Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy.

ChemoCentryx (CCXI) Stock Soars 100% on Amgen Acquisition
InvestorPlace 08-04-22

BlackRock hops on bitcoin bandwagon with new Coinbase tie-up
TechCrunch 08-04-22

BlackRock hops on bitcoin bandwagon with new Coinbase tie-up – TechCrunch
TechCrunch 08-04-22

Coinbase shares soar in boost from meme traders, BlackRock crypto deal
Kwhen Finance 08-04-22

Coinbase shares soar after BlackRock reveals Bitcoin partnership
City AM 08-04-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

MadeMeStopLurking - 315 upvotes - source
You saw the wallet... Now wait till you see the coin purse.

fe2sio4 - 29 upvotes - source
wait. Cathy really sold COIN at the bottom last week. IT’S BEEN UP 47%

Rwitre - 27 upvotes - source
So....Cathy sold COIN a week before they bagged Blackrock.

HumorousGhost - 22 upvotes - source
I mean you could bet on September puts for just about anything. This looks like a massive Bull trap that is about to drop. So go for ARKK puts or COIN puts for September. Who knows maybe you will double that 2k or blow it all…

fe2sio4 - 15 upvotes - source
Jesus I’d kms if I were Cathy seeing this COIN pump after taking on half billion loss

farmerMac - 14 upvotes - source
cathie wood dumped all coin stock at like 40$?

Spiritual_Extreme_81 - 13 upvotes - source
Coin halted for the suits to unload bags on retail lol 😂

Schopenschluter - 12 upvotes - source
COIN is up 100% since Cathie Wood sold last week lmao

kin_cyber - 12 upvotes - source
Cathy sold COIN at the bottom

ConsentToTreatment - 12 upvotes - source
This COIN black rock deal makes Cathie’s sell even funnier