Ranking the Top Crypto Stocks: Coinbase vs. IBIT vs. MicroStrategy

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0:42PNC Bank, National Association member, FDIC. Let's talk about cryptocurrency. No, no, this dude put slow cook equals like that. You're doing too much, my boy, but I appreciate you. That's crazy, Larry. um the best crypto related stocks right if you had to rank it from coinbase micro strategy and ibit right strongest to weakest and you know it's the these are all crypto related but they're kind of unrelated in a sense where obviously iBit is made to track the price of Bitcoin ETF. MicroStrategy is like Bitcoin on steroids. Bitcoin adjacent to have over stretched gains or losses that mimic the size of Bitcoin because it's a Bitcoin treasury at this point.

1:45It's a Bitcoin holding company. and then Coinbase obviously is a platform that you buy cryptocurrency on. So they're all part of the ecosystem, but they're also all publicly traded investments that you can buy on the stock market if or in a company to cryptocurrency holdings. So talk about each one of those and talk about the rankings from each one? If all things were fair, my list would be in a different order. But when you're doing a SWOT analysis, the threat is until Michael Saylor is clear of the attack that he's under, I have to put them last. Ordinarily, in a normal market, if he's not being attacked, I probably will put him first.

2:37So Michael's strategy will be last. iBit is through iShares I like iShares but they're not Vanguard they're not BlackRock they're not Invesco so they would be second and then Coinbase would be first because the CEO is great but I'm looking at risk I don't think the risk is as great there Coinbase has had a a very interesting year to say the least.

3:13Last year, they hit that high of, last quarter, excuse me, 444. They're currently at 250, 42. I think all the entire sector is going to have a little bit of an issue. But when I look at the risk, the risk tolerance is too high for MicroStrategy. If they didn't have that threat on the table, MicroStrategy will be first. but Coinbase I bid second and MicroStrategy third for the time being until that threat is going away as my lineup I agree with one I disagree with two well let me just say something I think that I bid should be number one respectfully of course backed by BlackRock the largest asset manager in the history of human civilization so the strongest they got the strongest backing possible and if you really believe in bitcoin i think you gotta invest in bitcoin i like coinbase but coinbase is a platform and like any platform it's a brokerage platform yeah it's a brokerage platform and it has it can go up and down it it has more variables involved where the ibit is just a one for one as bitcoin goes up ibit goes up as bitcoin goes down theoretically bitcoin can go up and coinbase can go down right they miss their numbers they have some bad quarters whatever like that they're they are related to bitcoin but bitcoin can have a blowout year and theoretically it doesn't necessarily correlate with the same as are we talking chris cryptocurrency in general or bitcoin exposure only because i thought we related with cryptocurrency exposure well but well what's the best crypto stock but bitcoin is bitcoin is the is band-aid i was i don't really believe in any crypto outside of bitcoin to be completely honest with you about it ethereum for sure xrp i've shared my thoughts on xrp for a very long period of time yeah solana is still still still yet to be proven so i don't i don't i I would not put my life on the line for any cryptocurrency in the world other than Bitcoin.

5:26Does that change? Okay, I got you. No, go ahead.

5:36I'm going to agree with him. I'm going with Shadi on this one. I think we're seeing this the same way. And that's why I said I agree with one of them, which is I believe that MicroStrategy would be third in this. Yeah. For some of the reasons that he just alluded to, when you're talking about Ibit, you're talking about, and a lot of people think if I invest in Ibit, I invest in Bitcoin. Not really, right? You're investing in a fund and a trust that owns Bitcoin. And so that direct access to it. But there's no balance sheets on this, right? This isn't, there's not as many leverages that you got hurdles you got to get over.

6:12When you're talking about Coinbase, you're talking about, like you said, a brokerage. but they don't make their money from just housing those things. They make their money from the transaction fees and subscription fees. And that can be something that is cyclical. And we've seen that as we've seen it during the pandemic rise and we've seen it pull back to where it's at today. So that's why I would have them. Number two, I bid would be number one. And then micro strategy for all the reasons that we've talked about for the past month or so would be third in this. So I'm going, I bid, I don't think you're doing the same.

6:42I bid, Coinbase, Michael Strategy. Ernest, what's up? You ever walk into a small business and everything just works? Like the checkout is fast, the receipts are digital, tipping is a breeze, and you're out the door before the line even builds. Odds are they're using Square. We love supporting businesses that run on Square because it just feels seamless, whether it's a local coffee shop, a vendor at a pop-up market, or even one of our merch partners. Square makes it easy for them to take payments, manage inventory, and run their business with confidence, all from one simple system. One of the things we love most is seeing neighborhood businesses level up.

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