Inside the Confidential Coinbase IPO

Coinbase shares

Coinbase is preparing to go public next week . . . and the company could be worth as much as $100 BILLION when Coinbase shares start trading.

Coinbase recently released the previously CONFIDENTIAL IPO filing – revealing important details.

Go here to discover how to claim cryptocurrency Pre-IPO shares.

Coinbase reports that the company’s latest valuation is $68 billion. That’s based upon private market sales of Coinbase shares.

Filings with the SEC show that the price of Coinbase shares has jumped from under $29 last September. And Coinbase shares are now trading at over $343 as of mid-March.

That’s a 1,083% jump – in less than six months!

That’s WHY I’m jumping into THIS cryptocurrency Pre-IPO today – BEFORE it goes public. And my estimates suggest the stock could jump 352% AFTER the IPO this spring (click here for details).

Inside the Coinbase Business

Coinbase is a leading cryptocurrency exchange in the U.S.

The exchange allows individuals and institutions to purchase cryptos including Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

The company serves 56 million users in 100 countries. And in a typical month the company has 2.8 million users making transactions.

Last year Coinbase generated $1.1 billion in revenues. And unlike many tech stock IPOs, the company is very profitable, earning $332 million last year.

Surging crypto prices are providing a huge tailwind for the business.

Coinbase estimates that first quarter revenues totaled $1.8 billion. And total profits for the quarter were between $730 million and $800 million.

That puts Coinbase on track for sales to exceed $7 billion for the full year – with profits exceeding $3 billion.

Silicon Valley venture capital firms including Andreesen Horowitz have already invested $25 million. And Tiger Global put up over $300 million in 2018.

Go here to discover my #1 crypto Pre-IPO to BUY in April.

Next Week’s IPO

Coinbase will go public on April 14. And early investors stand to earn a fortune.

The company will NOT be selling new shares of stock in a conventional initial public offering. Instead, Coinbase will go public in a direct listing.

This means that the existing shares of stock simply begin trading on the exchange. It also means that there will be NO IPO share for Wall Street to buy. And the ONLY way to get Coinbase shares is to buy the stock in the market.

Shares have already jumped 1,083% in the last 6-months.

That’s why I’m extremely excited about this new crypto exchange that plans to IPO in May or June. Frankly, a strong performance for Coinbase could dramatically increase the share price of this crypto stock.

Today, you can claim shares for less than $15. And it’s an absolute bargain compared with Coinbase at over $300 per share.

My price target estimate suggests that this crypto IPO could jump 352% AFTER it goes public.

But don’t wait for the IPO . . .

Go here ASAP for my urgent briefing (it’s FREE).

Yours in Wealth,

Ian Wyatt

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