Coinbase could’ve been the biggest Bitcoin HODLer in the world. But they gave it up for scamcoin roulette.
Discussion
COIN had a 2-epoch head start on MSTR.
I agree but they are retarded. This list is not accurate btw
Why isn't BlackRock top?
It makes sense when you understand Coinbase's job is to make fiat profit for their shareholders and when people trade shitcoins the exchanges make a fuckload of fiat from transaction fees.
Unfortunate for them because it's a dumb long term incentive to follow vs holding more BTC, but that's publicly traded companies for you.
(Ofc the other companies here are also publicly traded but they're not exchanges, so they have different incentives.)
MSTR should be ~530k
Good. They don’t deserve it