{"id":23341,"date":"2023-05-29T21:47:35","date_gmt":"2023-05-29T21:47:35","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2023\/05\/29\/microstrategy-better-than-coinbase-for-crypto-exposure-berenberg\/"},"modified":"2023-05-29T21:47:36","modified_gmt":"2023-05-29T21:47:36","slug":"microstrategy-better-than-coinbase-for-crypto-exposure-berenberg","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2023\/05\/29\/microstrategy-better-than-coinbase-for-crypto-exposure-berenberg\/","title":{"rendered":"MicroStrategy better than Coinbase for crypto exposure: Berenberg"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/163097394_m_normal_none-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/163097394_m_normal_none-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/163097394_m_normal_none-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/05\/163097394_m_normal_none-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/05\/163097394_m_normal_none.jpg\" alt=\"microstrategy vs coinbase stock berenberg\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Berenberg analysts sees upside in MicroStrategy to $340.<\/li>\n<li>They clarify their bullish view in a current analysis word.<\/li>\n<li>Coinbase inventory has a \u201chold\u201d score solely at Berenberg.<\/li>\n<\/ul>\n<p>MicroStrategy Inc is a better decide for publicity to cryptocurrencies than Coinbase Global Inc, as per the Berenberg analysts.<\/p>\n<h2>MicroStrategy inventory has upside to $340<\/h2>\n<p>Mark Palmer and Hassan Saleem see upside within the know-how firm to $340 a share \u2013 up one other 20% from right here. In a current analysis word, they mentioned:<\/p>\n<blockquote>\n<p>MicroStrategy which encompasses a distinctive enterprise mannequin centered on the acquisition and holding of bitcoins, represents a gorgeous different to Coinbase within the present surroundings.<\/p>\n<\/blockquote>\n<p>At writing, the Nasdaq-listed agency owns about 140,000 BTC in whole. Earlier in May, MicroStrategy mentioned it took an impairment cost of $170 million on its bitcoin holdings within the <a href=\"https:\/\/www.coindesk.com\/business\/2022\/05\/03\/microstrategy-reports-170m-impairment-charge-on-bitcoin-holdings-in-q1\/\" target=\"_blank\" rel=\"noopener\">first quarter<\/a>.<\/p>\n<p>Its inventory value has already practically doubled for the reason that begin of the yr.<\/p>\n<h2>Why is Berenberg dovish on Coinbase inventory?<\/h2>\n<p>On <a href=\"https:\/\/coinjournal.net\/exchanges\/coinbase\/\">Coinbase<\/a>, Berenberg analysts have a \u201chold\u201d score with a value goal of $55 a share \u2013 roughly in step with the place it\u2019s at present buying and selling.<\/p>\n<p>They\u2019re dovish primarily as a result of ongoing <a href=\"https:\/\/www.cnbc.com\/2023\/05\/08\/coinbase-ceo-on-us-crypto-regulation-sec-lawsuit-international-plans.html\" target=\"_blank\" rel=\"noopener\">regulatory scrutiny<\/a>. In March, the crypto change acquired a \u201cWells Notice\u201d from the U.S. Securities and Exchange Commission (SEC).<\/p>\n<blockquote>\n<p>Coinbase\u2019s income is in danger within the occasion of an enforcement motion are disproportionately worthwhile relative to its whole income.<\/p>\n<\/blockquote>\n<p>In comparability, MicroStrategy focuses on <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">bitcoin<\/a> that\u2019s already been categorized as a commodity and never a safety thereby insulating it from such dangers. The correlation between MSTR and COIN at present stands at about 0.96.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/microstrategy-vs-coinbase-stock-berenberg\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Berenberg analysts sees upside in MicroStrategy to $340. They clarify their bullish view in a current analysis word. Coinbase inventory has a \u201chold\u201d score solely at Berenberg. MicroStrategy Inc is a better decide for publicity to cryptocurrencies than Coinbase Global Inc, as per the Berenberg analysts. MicroStrategy inventory has upside to $340 Mark Palmer and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7047,465,24,2600,1254],"class_list":{"0":"post-23341","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-berenberg","9":"tag-coinbase","10":"tag-crypto","11":"tag-exposure","12":"tag-microstrategy"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/23341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=23341"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/23341\/revisions"}],"predecessor-version":[{"id":23342,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/23341\/revisions\/23342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/23343"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=23341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=23341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=23341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}