Investing in Bitcoin Directly May Be Better Bet Than Coinbase: Mizuho

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Investing in Bitcoin Directly May Be Better Bet Than Coinbase: Mizuho

Investors may be better off owning bitcoin directly versus buying shares of Coinbase Global (COIN) to avoid expected headwinds, including increasing competition and the ongoing “commoditization of cryptocurrency exchanges,” Mizuho Securities USA told clients in a note Thursday.

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