If Bitcoin survives, but does not become mainstream, I forecast Coinbase Global Inc's intrinsic value at 40 billion USD.
If Bitcoin takes 10 % -17 % of the global payments market and becomes a partial, between 3 % -5 % of reserves, global reserve currency, Coinbase will be worth 120 billion USD.
If Bitcoin prospers and becomes a real, viable reserve currency with 10 % - 14 % of global invested reserves value, Coinbase could be worth between 320 billion USD and 1.4 trillion USD due to its first mover, economic moat advantage.
According to Wolfteam Ltd.'s estimates, Coinbase Global Inc's intrinsic value is 250 billion USD.
www.wolfteamedge.com
M&A, Capital, Value
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