Investing in Bitcoin Directly May Be Better Bet Than Coinbase: Mizuho

Investing in Bitcoin Directly May Be Better Bet Than Coinbase: Mizuho

Investors may be better off owning bitcoin directly versus shares of Coinbase Global Inc. (COIN) in order to avoid headwinds including growing competition and the ongoing “commoditization of cryptocurrency exchanges,” Mizuho Securities USA told clients in a note Thursday.

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