Cryptocurrency behemoth Coinbase Global, Inc. (NASDAQ:COIN) hit a market capitalization of $100 billion Monday in the wake of Bitcoin’s (CRYPTO: BTC) record-breaking surge.
Check out the current price of COIN stock here.
What Happened: Coinbase reached the historic milestone a little more than four years after going public. The company’s shares also closed at a record high of around $394.
With this, Coinbase becomes the first pure-play cryptocurrency company to hit the magic figure. Note that Michael Saylor’s Strategy Inc. (NASDAQ: