How Coinbase And Michael Saylor’s Strategy Stack Up: Crypto Stock Check-Up Ahead Of Q2 Earnings

Cryptocurrency-focused companies Coinbase Global Inc. (NASDAQ:COIN) and Strategy Inc. (NASDAQ:MSTR), which are due to report their second-quarter earnings after Thursday’s market close, have seen their stock performances diverge significantly lately.

What happened: Coinbase, the largest cryptocurrency trading platform in the U.S., recorded a strong price action over the last three months.

The stock peaked at an all-time high of $444.65, driven by the passage of the GENIUS Act, also known as the stablecoin bill, and the progress of the CLARITY Act, two major pieces of cryptocurrency legislation.

See Also: What the Options Market Tells Us About Strategy

The company also reaped the benefits of the …

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