Coinbase drops 30% from ATH, while Mu and I are buying Last week, Coinbase kept spying non-stop, causing stock accounts to drop tens of thousands of U every day when opened But I'm not panicking at all, squatting is just for jumping! Coinbase's company reserves increased by 2509 bitcoins in the second quarter, ranking among the top 1 global publicly traded companies in terms of bitcoin holdings ️⃣ 0 ️⃣ Name! On the same level as Strategy and Tesla in Bitcoin inventory! Although the second quarter financial report did not meet expectations, everyone should be able to understand that the cryptocurrency industry is currently hot on the outside and cold on the inside. This is because the overall environment is not working, not because the company's own business has collapsed. The most active buyers of Bitcoin in recent quarters are not individual investors, but listed companies, and the trend towards institutionalization is becoming increasingly evident. And Coinbase is undoubtedly the first choice for institutions, as ETFs choose Coinbase as their custodian. Now that the price has fallen, the cost-effectiveness of the only cryptocurrency component of the S&P 500 index has emerged. Ready stock, don't worry!