Bernstein’s Bold Bet: Why Coinbase—Crypto’s Most Misunderstood Giant—Just Got a $510 Price Target
Wall Street finally wakes up. Bernstein slaps a $510 target on Coinbase, calling it crypto's most undervalued narrative—while TradFi analysts still can't tell a hot wallet from a hardware wallet.
The Misunderstood Money Printer
Forget 'just an exchange.' Coinbase has quietly become crypto's Swiss Army knife—custody, staking, institutional rails—while naysayers were busy writing obituaries.
Numbers Don't Lie (But Analysts Do)
$510 isn't a typo. That's a 40% upside from today's levels, backed by Bernstein's track record of calling crypto's infrastructure plays before they moon.
The Cynic's Corner
Meanwhile, legacy banks are too busy launching 'blockchain task forces' to notice their lunch getting eaten. Again.