In today’s video, I’m going to raise a couple of points as to why Square (NYSE:SQ) is a better buy than Coinbase (NASDAQ:COIN), which is going public this week through a direct listing. You can expect a pretty high valuation, especially since we’re in a crypto bull market. Investment bank D.A. Davidson says valuation could reach $90 billion. We’re also going to have a look at Coinbase’s first-quarter estimated earnings (pretty impressive).
Q1 2021 estimated results
- Verified users of 56 million